Coimbatore sources have stated that Germany is ready to fund development projects in Coimbatore, said the country’s Ambassador Martin Ney on Wednesday and when addressing reporters Mr. Ney has said that said if the Corporation forwarded proposals for the projects it planned to start this October, Germany would be willing to consider extending financial support.
It is stated that the Ambassador, who led a 10-member delegation, said that he had met Chief Minister Jayalalitha and he was in Coimbatore, one of the three Smart Cities that Germany was collaborating with the other two were Bhubaneswar and Kochi.
Meanwhile Mr. Ney has said that Germany and Tamil Nadu had strong links as in the past seven years his country had granted three loans worth Euro 265 mn to fund 30 urban development projects and of those, a few had been implemented in Coimbatore as well.
It is also stated that as for helping Coimbatore in the Smart Cities project, he has said that Germany had expertise in smart and intelligent transport and waste water management and the German expertise went back to 1972 when the country was preparing for the Munich Olympics.
