In continuation to the preliminary discussions for possible financing for the development of inland waterways as a part of the overall integrated public transport system framework for the city of Kochi, a three member team from the German Development Bank KfW (Kreditanstalt für Wiederaufbau ) is visiting Kochi on 20th and 21st February.
The team visiting Kochi is Mr. Heiko Warnken, Head of Economic Cooperation and Development, German Embassy, Mr. Felix Klauda, Head of Division, Urban Development and Mobility -South Asia, KfW HQs – Frankfurt Office and Ms. Usha Rao,Senior Sector Specialist – Energy & Transport, KfW Delhi Office
KfW will have discussions with KMRL MD Elias George and will spend time understanding the project.They will meet with the other stake holders of UMTA during the visit. They are also planning to visit the metro construction sites and proposed metro routes, other mobility infrastructure in the city and islands which are proposed for connecting through new boat facilities.
KMRL started initiatives for developing a modern water transport system for the Greater Kochi region under UMTA, including the introduction of modern water-craft, renovation of boat-jetties and provision of connectivity between the boat-jetties and the bus & metro stations. Kreditanstalt für Wiederaufbau (KfW) have expressed interest in funding the project and a Detailed Project Report (DPR) on this is under preparation by UMTC for submission to the Government of India and the funding agency. It is expected to get a funding of 624 crores for improving water transport, other feeder services and Non motorized transport facilities in and around Kochi