Aizawl, Mar 21 : A monorail transport system is being planned for Aizawl to ease traffic congestion along key roads of the town.
The state’s urban development minister, Zodintluanga, today said such a monorail project, when established, would be the first of its kind in the Northeast.
Speaking over phone to this correspondent, Zodintluanga said the officials of an international investment company with expertise in infrastructure projects, had recently been asked by the Mizoram government to prepare a detailed technical and economic feasibility report on the project and submit it to chief minister Lalthanhawla as soon as possible.
A high-powered delegation of the Singapore-based investment firm, Global Investment Capital, had flown to Aizawl last week and signed a memorandum of understanding (MoU) on March 11 for three projects — the monorail project, a $5.5 million housing scheme for government officials in Aizawl and construction of a four or five star hotel in the state.
The delegation came to the state at the invitation of Lalthanhawla and comprised, among others, its CEO and managing director, Bunny Khin, project manager Collin James and Julie Shields.
Zodintluanga said the team visited some busy road stretches to carry out a traffic and road assessment ahead of starting on the project and added that the feasibility report would contain its total projected outlay.
The minister also said this project would not create any financial burden for the government, as the investment firm would foot all the bills under a build, own, operate and transfer system.
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