Singapore, February 28: The Himachal Pradesh Housing and Urban Development Authority (HIMUDA) on Monday signed a memorandum of understanding (MoU) with Singapore government to build a modern town at Jathiadevi near Shimla. The township aims at decongesting the capital city.
Urban Development Minister Himachal Pradesh Sudhir Sharma said that the Singapore government has committed to invest Rs 2,500 crore for developing the state's first 'smart hill town' on 450 bighas of land. Sharma also said that the township would be developed at Jathiadevi near Jubbarhatti airport and the town is expected to provide opportunities in hospitality, health and wellness and education sectors.
He said it would have a special economic zone, international education zone, integrated townships, an entertainment zone, a convention centre, parks and shopping malls. The development of the integrated township is an ambitious project which would go a long way in decongesting this highly populated city, he said, adding there has been a 10-fold increase in the population of Shimla that has resulted in congestion and over-utilisation of infrastructure.
Interestingly, 32 hectares of land has been already acquired for developing the township at Jathiadevi, which is connected by three national highways. Notably, HIMUDA signed the MoU at Singapore in the presence of Minister of Trade and Industry, Singapore, S Iswaran, Urban Development Minister Himachal Pradesh Sudhir Sharma, High Commissioner of India to the Republic of Singapore Jawed Ashraf and vice-chairman HIMUDA Yashwant Chajta.
Chief Engineer HIMUDA Umesh Sharma and Director, Singapore Corporation Enterprise, Kewin Chong signed the MoU on behalf of the Himachal and Singapore governments, respectively. Member, Parliament, Singapore Dr. Lee Bee Wah was also present on the occasion.