US, India to develop 3 Smart cities together

The United States Trade and Development Agency (USTDA) and Indian urban development ministry plan to develop three major cities, Ajmer, Allahabad and Visakhapatnam as “Smart Cities”. USTDA and the three state governments of UP, Rajasthan and Andhra Pradesh have signed MoUs to develop these cities as smart cities.
The Urban development ministry said that the US delegation led by the secretary of commerce Penny Pritzker agreed to the suggestion of minister M Venkaiah Naidu for setting up the task forces. Each team will consist of three representatives each from central and respective state governments and the USTDA. Each city task force will discuss city specific features, project requirements and appropriate revenue models for enabling flow of investments etc., before suggesting action plans for developing them as smart cities.
USTDA will contribute funds for necessary feasibility studies and pilots, study tours, workshops or trainings and other projects to be mutually determined. It will invite smart solutions for smart cities reverse trade mission delegation to the US, with delegates from the three states and will fund advisory services to support the development of smart cities. It will collaborate with other US government agencies like Department of Commerce, US Export-Import Bank and other trade and economic agencies and promote greater US-India infrastructure development cooperation and to support development of smart cities.
- See more at: http://www.varindia.com/us-india-to-develop-3-smart-cities-together/

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