The Kochi Water Metro ferries would ultimately increase the standard of life of people living in the islands that they would call at, Industries Minister P. Rajeeve said here on Tuesday, after flagging off a vessel in the High Court-Vypeen corridor, soon after Prime Minister Narendra Modi launched the Water Metro project.
The ₹1,136-crore project will take Kochi into the league of cities that have living standards comparable to the developed world. The project that will considerably lessen carbon emission is being funded by the State government and a loan availed from German lending agency KfW. Every Malayali ought to be proud of it since it would be a model for other Indian cities. The Cochin Shipyard to which Kochi Metro Rail Limited entrusted the task of constructing the first batch of 23 vessels had created history in that regard, he said.
