Hubwith modern passenger amenities with fund generated from commercial development on leasehold rights for 90 (ninety) years of the vacant railway land and air space at the railway station along with responsibility of management of the passenger facilities at the station including collection of revenues from shops, stalls and other activities on areas licensed at the station (the “Railway Station Development Project”). With this objective IRSDC, GSRTC & SMC with the support and suggestion of Govt. of Gujarat adopted integrated approach and form project specific Joint Venture Special Purpose Vehicle (SPV) to develop the Railway and Bus terminals,BRTS, City Bus, Metro and other transportation modes as international standard multi-modal interchange facility and the entire area in the vicinity of railway station and regional bus terminal as a Multi Modal Transportation Hub (the “Multi Modal Transportation Hub” or the “Project”). Objective On behalf of the proposed SPV, IRSDC intends to develop a Multi Modal Transportation Hub (MMTH) which shall integrate all public transport modes such as City Bus, Bus Rapid Transit System (BRTS), State regional bus service, Metro Rail, Railways and intermediate public transport modes such as auto rickshaw and taxis. As part of the above, IRSDC seeks the participation of private entities for the Development of Multi Modal Transport Hub at Surat Railway Station including inter-alia all works related to, or incidental to, or required to be undertaken upon the project site in accordance with the provisions of the Development Agreement, and Applicable Laws, including the commercial development, as required to be undertaken (the “Project”) on Design, Build, Finance, Operate and Transfer (the "DBFOT") basis. Brief particulars of the Project are as follows: Indicative Project Cost Name of the Project (Cost excluding commercial development) Development Of Multi Modal Transportation Rs. 650 Crores Hub (MMTH) at Surat Railway Station The broad scope of the work envisaged as follows: (a) The Developer shall develop the Transportation Hub within 5 (five) years from the date of [the signing of the Development Agreement] and the commercial development (the “Commercial
Hubwith modern passenger amenities with fund generated from commercial development on leasehold rights for 90 (ninety) years of the vacant railway land and air space at the railway station along with responsibility of management of the passenger facilities at the station including collection of revenues from shops, stalls and other activities on areas licensed at the station (the “Railway Station Development Project”). With this objective IRSDC, GSRTC & SMC with the support and suggestion of Govt. of Gujarat adopted integrated approach and form project specific Joint Venture Special Purpose Vehicle (SPV) to develop the Railway and Bus terminals,BRTS, City Bus, Metro and other transportation modes as international standard multi-modal interchange facility and the entire area in the vicinity of railway station and regional bus terminal as a Multi Modal Transportation Hub (the “Multi Modal Transportation Hub” or the “Project”). Objective On behalf of the proposed SPV, IRSDC intends to develop a Multi Modal Transportation Hub (MMTH) which shall integrate all public transport modes such as City Bus, Bus Rapid Transit System (BRTS), State regional bus service, Metro Rail, Railways and intermediate public transport modes such as auto rickshaw and taxis. As part of the above, IRSDC seeks the participation of private entities for the Development of Multi Modal Transport Hub at Surat Railway Station including inter-alia all works related to, or incidental to, or required to be undertaken upon the project site in accordance with the provisions of the Development Agreement, and Applicable Laws, including the commercial development, as required to be undertaken (the “Project”) on Design, Build, Finance, Operate and Transfer (the "DBFOT") basis. Brief particulars of the Project are as follows: Name of the Project Indicative Project Cost (Cost excluding commercial development) Development Of Multi Modal Transportation Hub (MMTH) at Surat Railway Station Rs. 650 Crores The broad scope of the work envisaged as follows: (a) The Developer shall develop the Transportation Hub within 5 (five) years from the date of [the signing of the Development Agreement] and the commercial development (the “Commercial
PIM%20for%20Surat%20MMTH%20-28.09.2016.docx