DB E&C to provide technical assistance to EIB for India's urban mobility projects

Vinod Shah Posted on: 2024-03-01 11:25:00 Viewer: 3,257 Comments: 0 Country: India City: New Delhi

DB E&C to provide technical assistance to EIB for India's urban mobility projects

New Delhi, India (Urban Transport News): In a groundbreaking move, DB Engineering & Consulting (DB E&C), a subsidiary of Deutsche Bahn E.C.O. Group, has been selected as the technical assistance provider for the European Investment Bank (EIB) in establishing the India Competence Hub dedicated to urban mobility projects. This marks a significant milestone as the first-of-its-kind technical assistance initiative by EIB in India, signaling a new era of collaboration in the realm of urban mobility for the next three years.

The partnership between DB Engineering & Consulting and EIB is set to extend comprehensive support to the Bank's projects in key Indian metro cities, including Bangalore, Pune, Bhopal, Kanpur, Agra, and Nagpur. The scope of DB E&C's responsibilities encompasses the entire project lifecycle, from appraisal preparation to diligent follow-up during implementation, ensuring strict adherence to EIB safeguards and guidelines.

At the core of the India Competence Hub initiative is DB E&C's commitment to fostering sustainable infrastructure development. The primary objective is to create an environment that empowers partners to maintain the highest standards in social, environmental, and overall project excellence. Central to achieving this goal is a strong emphasis on knowledge transfer.

DB E&C, in collaboration with EIB, plans to host a series of project-specific workshops, offering a platform for shared learning and the exchange of best practices. Additionally, an annual nationwide summit will bring together promoters, partners, and stakeholders, providing a centralized space to enhance skills and disseminate invaluable insights.

The technical assistance role undertaken by DB Engineering & Consulting underscores its dedication to supporting EIB's urban mobility initiatives in India. By providing overarching assistance and ensuring meticulous project oversight, DB E&C aims to contribute significantly to the success of EIB's ventures in the dynamic landscape of India's metro cities.

As urban mobility continues to be a critical aspect of India's development, the collaboration between DB E&C and EIB is poised to play a pivotal role in driving sustainable urbanization. The expertise and knowledge transfer initiatives planned under the India Competence Hub initiative exemplify a forward-looking approach that aligns with the broader goals of sustainable development.

DB Engineering & Consulting's selection for the role of technical assistance in creating the India Competence Hub reflects a commitment to excellence and innovation. This strategic partnership with EIB is anticipated to make substantial contributions to the advancement of urban mobility projects, setting new benchmarks for sustainable infrastructure development in India.





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