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Date: 16/05/2024

HUDCO, SITCO ink pact to develop Multi-Modal Hub in Surat

Housing and Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with the Surat Integrated Transportation Development Corporation Ltd (SITCO) for the construction and development of the Surat Multi-Modal Transportation Hub (MMTH) on land provided by the Railway Ministry and the Gujarat government. It opens avenues for consultancy, capacity building and other technical assistance from HUDCO. Assuming everything progresses as planned, the country’s first MMTH project is expected to be completed by December 2026. It is designed to seamlessly integrate railway, interstate bus, metro and city bus services. Moreover, it will provide direct connectivity to bullet trains and airports, as per a report.

Source: Exim News Service: Surat, May 15