Satoshi Suzuki, Ambassador of Japan to India, was present at the event along with senior officials of the Railway Board and NHSRCL.
Technical bids for this tender were opened on September 23 and in less than one month, the financial bids were opened after evaluation of the technical bids, it said.
The duration for completion of the works is four years from the date of commencement of the contract.
"During the construction phase of this section, the areas around the alignment will witness social and economic development. There will be employment generation not only for the professionals like engineers, technicians, designers, architects etc but also for skilled and semi-skilled workforce and construction workers.
"There will be a boost in the demand of construction material and machinery like cement, steel, heavy construction machinery, cranes, trailers, etc. The ancillary industries like hospitality, entertainment, health, tourism, real estate and housing and education will also flourish during the construction," the statement said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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