DELHI (Smart Cities News): On Wednesday, The Union Cabinet approved a memorandum of cooperation with Japan in the field of sustainable urban development which is expected to create employment opportunities. According to an official statement, the memorandum of cooperation (MoC) will be signed between the Ministry of Housing and Urban Affairs and the Ministry of Land, Infrastructure, Transport and Tourism, Japan in super session of an existing Memorandum of Understanding (MoU) of 2007 on urban development.
The MoC is expected to create employment opportunities in the areas of sustainable urban development, including urban planning, smart cities development, affordable housing, urban flood management, sewerage and waste water management, urban transport — including intelligent transport management system — transit-oriented development and multi modal integration and disaster resilient development.
The proposed memorandum of cooperation will enable for exchange of key leanings and best practices, said official authorities.
A Joint Working Group (JWG) will be constituted to strategies and implement programme on cooperation under the framework of the MoC. The JWG will meet once in a year, alternately in Japan and in India. The cooperation under this MoC will commence on the day it is signed and continue for a period of five years.
The agreement will promote strong, deep and long-term bilateral cooperation in the field of sustainable urban development between the two countries, the statement said.
The Union Cabinet was also apprised of a memorandum of understanding signed between the Ministry of Housing and Urban Affairs and Ministry of National Planning, Housing and Infrastructure, Maldives on cooperation in the field of sustainable urban development.
The MoU was signed in February this year. The objective of this MoU is to facilitate and strengthen India-Maldives technical cooperation in the field of sustainable urban development, including urban planning, smart cities development, solid waste management, affordable housing, urban green mobility and urban mass rapid transport, said official authorities.