The $75-million funding received from Japan Bank for International Co-operation (JBIC), committed during the PM’s visit to Tokyo, will be routed through India Infrastructure Corporation Limited (IIFCL) and used for doing the preparatory work for the project. It will have two accounts — Indian and Japanese. “It is being routed through the state-run IIFCL as Japan wanted sovereign guarantee against the investment,” the official added. The government has also shortlisted a few names for the post of the CMD DMIC Development Corporation and a decision is expected soon.

As far as Gujarat is concerned, apart from an international airport, the centre has identified three other early-bird projects. These include the setting up of the Ahmedabad-Dholera investment region, six-laning of the 200 km Ahmedabad-Bhavnagar highway and a regional MRTS connecting Gandhi Nagar, Ahmedabad and Dholera. These alone will require an investment of over Rs 10,000 crore, which is planned under the public-private-partnership mode.

Along with a knowledge city at Ujjain in MP, other projects on the cards are development of an economic corridor between Indore and Pitampur special economic zone, a multi-modal logistics hub at Dewas-Maksi and a water waste management project at Pitampur industrial area.

Projects identified for Haryana are an MRTS link between auto hub Manesar and Delhi, logistics hub at Manesar, exhibition centre in the national capital region and a few rail connectivity projects. The latter will be awarded by the Indian Railways in PPP mode.

The government has already appointed international consultants for various phases of the DMIC. While Halcro has been appointed consultant for projects in Gujarat, another South-Asia consultant, Lea Associates, has been appointed to prepare a detailed report for infrastructure projects in Madhya Pradesh. However, the master plan for the entire project spanning six states is expected to come over the next 8-10 months. International consultant Scott Wilson has been appointed to prepare the draft master plan by the commerce and industry ministry out of a list of sixteen consultants.