Kochi Metro | Project report of Vyttila mobility hub phase-II to be ready by next month
Kochi: The Detailed Project Report (DPR) of the second phase development of Vyttila mobility hub is fast nearing completion with authorities focusing on world-class security features, hassle-free pedestrian flow, green spaces, which can serve as leisure spots for not only commuters but also residents, and commercial spaces for generating profit. The DPR would be finalized by November-end and the work is likely to begin in the next couple of months. Vyttila Mobility Hub Society (VMHS) is yet to decide whether it should be a public-private-partnership (PPP) or a project of VHMS. “It is up to VMHS to decide on the financial model for the second phase. Kochi Metro Rail Ltd (KMRL) is the implementing agency. KMRL will complete the construction and hand it over to VMHS,” an official with KMRL said. Sources said VHMS wants to start its own project and seek financial aid from international funding agencies later. The consultants for the project have prepared th...