Japan will offer a grant of 1.276 billion yen (approximately Rs 72.86 crores), for the implementation of an Advanced Traffic Information and Management System in Bengaluru, which will include signalling systems and traffic congestion length measurement sensors in the city.
The Exchange of Notes for the implementation of the project in Bengaluru, was signed on December 20, 2017, between the ambassador of Japan to India, Kenji Hiramatsu, and the joint secretary of the Department of Economic Affairs, Ministry of Finance, S Selvakumar. The project is expected to contribute to strengthening connectivity and industrial competitiveness of the local economy, by improving traffic congestion and urban environment, the embassy said in a statement.
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“Especially, in 2022, three years after the completion of this project, this new system will help reduce congestion length, currently reaching 550 metres at its longest, by 30 per cent, at interchanges facing heavy congestion and contribute to enhancing the convenience of urban transportation and revitalising the local economy,” it said. In addition, this new system in Bengaluru, will utilise the advanced technology provided by Japan, the statement added.
