- Mar 24, 2009
This was the same reasoning used by rajapaksas during Hambanthota port or airport.Have you researched the cost escalation due to delay in mumbai metro and bullet train ?? Add loss of reputation to that as well , since project is funded by japan with easy interest . These are thriving urban areas of india . No need of research .
This is the same reasoning used by Pakistani establishment to justify CPEC. We have seen how those projects ended.
Japanese are not funding it. Japanese are giving loan and will charge interest. The interest might initially appear small but the amount is huge.
Government had a great incentive to publish research of RoI and how delay is affecting it but still no research on RoI.
Citation Needed - I read somewhere that as term of loan Japanese companies and technologies have to be preferred hence Indian companies will be working with Japanese companies.