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Britain's Cameron pushes Mumbai-Bangalore development corridor

British prime minister David Cameron said Monday that he wants his country to help India company, the development of new cities and regions, and 1000 km (600 miles), mumbai and bangalore corridor between, create value up to $2.5 billion investment projects.
Play close a three-day visit to India's largest foreign trade delegation to take by a British prime minister Cameron, minister, said he hoped the British companies to work with India and the British government to develop nine area to link mumbai, India's financial capital, and bangalore, its high tech center.
"I, I have got the architects, planners and financial experts, establish a complete solution," he told the audience of the business personnel and workers in Hindustan unilever co., LTD.
"This will be the release, 1000 kilometers from mumbai to bangalore, India's potential to change your life, and the British enterprise in the first place, to ensure that the value of a business transaction.
He added that India should open its market, allowing foreign direct investment in the industry had closed.
His office said, forecast, India's population growth 5.8%, in the corridor, which is beneficial to the country's gross domestic product (GDP) growth to 11.8% in 2020.
The purpose of the first stage will involve in the physical infrastructure investment, such as traffic network, telecom and power generation. Later will focus on social welfare and education and other infrastructure construction.
India to promote the great development of the accelerated growth of production base, already behind IT and service industry "corridor" construction.
The government also plans to set up 24 new industrial city, along the 1483 km (920 miles) between new Delhi and mumbai railway line, and Japan's capital, but the project progress will be slow.
Cameron's office said, British and Indian officials have and enterprise representatives since last year, the two countries in mumbai, bangalore project, and produce a preliminary evaluation, its scale and potential.
The British government will be willing to mutual fund feasibility study, a matching based on capital, and the Indian government cost up to 1 million pounds ($1.55 million).
If can realize that by 2030, the project can produce nearly 500000 jobs, and indirect job opportunity, will make the total in the area of 2 million, Cameron's office said.
"Our initial range of research shows that can accommodate 3-40000 people attracted to the new city will need to close to 10000 new family, 120 schools, and universities and hospitals office said."



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