With the Kerala Infrastructure Investment Fund Board (KIIFB) giving money for the purchase of land, the the basis for Kochi Metro Rail Limited's Phase 2 on the Infopark-JLN Stadium route has progressed. Due to ongoing road widening projects, it has not been possible to carry out significant preparatory work. for the past two to three months. According to a KMRL official, "The fund's allocations came at the right time to keep the project on track." The geotechnical survey is being carried out simultaneously with the payment of a fee to the owners of the property that was purchased for the widening of the road, the official continued.
According to the official, it is geotechnical research, which provides recommendations for foundation needs after examination of the physical characteristics of the soil, is expected to be by the end of February. "The land purchase along the length from Palarivattom to Infopark has been completed to almost 90%. The remaining work will be finished within six months, he promised.
The nine metro stations in Phase 2 would require the construction of some 1,714 hectares. This consists of parts of Kakkanad, Vazhakkala and Edapally South. Phase 2 costs are expected $19.570 billion. The French Development Bank has chosen not to lend money for the KMRL phase 2 project. The work has not been impacted, according to KMRL officials, because they have nominated several funding agencies for the project, including foreign organizations. After official approval, information about this will be made public.
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