On Monday Andhra Pradesh chief minister K Rosaiah revealed that it is expected that Hyderabad Metro rail will stimulate huge economic activity in and around the city and hence provide employment to about 50,000 people.
According to chief Minister this Rs. 12,132 crore project will be able to provide employment for about 5,000 engineers and 45,000 skilled and unskilled workforces. He's also expecting that the requirement of about 26 lakh tonnes of cement, two lakh tonnes of steel and 58 lakh cubic metres of concrete will lead to the set up various additional industries and servicing units around Hyderabad. This would give fillip to developmental activities in various parts of Telangana, he added. The Telangana region which has 10 districts including Hyderabad is facing association for separate statehood.
It is notable that Hyderabad Metro rail project is on track and Chief Minister asked the officials to finalize the deadline and they should speed up this process. The filing of bids for pre qualification is done for all the eight companies and the new concessionaire is expected in May. The whole project is expected to be completed in five years while most likely most of the sections will be open for public travel in four years.
Transstroy-OJSC Transstroy (Russia)-CR18G (China)-BEML consortium; Reliance Infra-Reliance Infocomm consortium (ADAG); Lanco Infra-OHL Concesiones (Spain) consortium; Essar-Leighton (Australia)-Gayatri-VNR consortium; GMR Infra; GVK-Samsung (South Korea) consortium; Soma-Strabag AG (Austria) consortium and Larsen & Toubro are the companies which have qualified for the participation in bids.