Kochi Metro Rail Limited hosted a round-table conference on ‘Property Development Initiatives’ on Tuesday, to improve metro’s financial viability. Metro officials discussed with probable investors methods to earn optimal revenue from eight major stations of Kochi Metro and from 17 acres of Government land in Kakkanad that was handed over to KMRL for property development. The stations include Aluva, Kalamassery, Kaloor, Ernakulam South and Edappally. In his inaugural address, Mr. Elias George IAS, Managing Director, Kochi Metro Rail Ltd. explained how a civic infrastructure project like Kochi Metro could be financially viable. See the excerpts from his speech in this short video.
Posted on: Wed, 18 Jun 2014 10:34:23 +0000
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