Significant achievements will be made in the construction of Kochi Metro Rail in 2012-13 and a sum of Rs.150 crore has been made available in the budget for the project, Finance Minister K.M. Mani has said.
Presenting the State Budget for 2012-13 in the Assembly on Monday, Mr. Mani said Rs.50 crore had been earmarked in the budget for the preliminary work on the first-phase Thiruvananthapuram-Ernakulam section of the high-speed rail corridor extending from Thiruvananthapuram to Kasaragod.
He said the government had been able to create a revolution in developing requisite infrastructure in the State. A sum of Rs.158 crore had already been provided for the pre-project works of Kochi Metro.
Monorail, a mass rapid transit system, will be implemented in Thiruvanananthapuram. Mr. Mani said the first phase of the project was expected to cost Rs.3,000 crore.
The Delhi Metro Rail Corporation had been asked to prepare the project report for the Monorail in Kozhikode. The Finance Minister announced a sum of Rs.20 crore for the preliminary works of the monorail in Thiruvananthapuram and Kozhikode.
A sum of Rs.25 lakh had been allocated in the budget for the preliminary work on the personal rapid transport system in Thiruvananthapuram and Kottayam.
Mr. Mani also announced a sum of Rs.224 crore for the works related to the Vizhinjam Deep-Water International Container and Transhipment Terminal.