Japan,South Korea keen to fund Hyderabad Metro Rail phase-2

Hyderabad: Investments from South Korea and Japan for the second phase of Hyderabad Metro Rail are expected only after the project report is submitted with all details, performance of the first phase and also government policy.

While the project received appreciation from investors and bankers of South Korea and Japan, the



actual works would begin only much later. Hyderabad Metro Rail managing director N.V.S. Reddy said, “Our first round of deliberations and also the pitch note for the investments have shown encouraging results. We are optimistic that these countries are showing interest. But it would take time to materialise.”