The Hyderabad Metro Rail (HMR) would give a solid boost to the capital’s image as a major investment destination and a place to settle down, but there is an urgent need to strengthen the public transport, create footpaths and provide quality public space to make the city globally competitive, said Managing Director N.V.S. Reddy here on Thursday.
Addressing the HYSEA Annual Infrastructure Summit-2019, Mr. Reddy talked about the engineering and financial innovations of the metro rail project. “Station design, energy-saving measures, designer footpaths, steel railings at entry/exit points at the stations, bus bays, auto bays and service lanes have been attracting worldwide attention, and they being developed on PPP mode is being appreciated by several infrastructure experts,” he said.
The State government also intends to develop townships along the proposed Airport Express Metro Corridor via Outer Ring Road to keep the residential and commercial accommodation costs under control and to maintain Hyderabad’s image as an affordable city for decades to come, he said.
The theme of the summit was ‘Future Frontiers of Corporate Real Estate’ with Special Chief Secretary Ajay Mishra sharing the government’s plan to create a regional ring road around Hyderabad of 250 km to improve travel time around the capital.
Karuna Gopal, president of Foundation for Futuristic Cities, and Murali Bollu, President of HYSEA, also spoke.
Mr. Mishra also released white paper on ‘Changing Times of Corporate Real Estate- Evolving Trends in Facilities Management’ by JLL in the presence of Sandeep Patnaik, MD-Hyderabad and Head of Capital Markets South India JLL.
On the occasion, Infosys, Tech Mahindra, Capgemini & Matrix services received ‘Best Company’ award, while Wells Fargo and Tech Mahindra received an award in the category of workspace and automation.
