With Navi Mumbai (South) set to become a 'Smart City', an MoU was signed between Navi Mumbai Municipal Corporation (NMMC) and European Business and Technology Centre (EBTC).

The MoU was signed last evening at the launch of the Navi Mumbai (South) Smart City, developed by the state-owned planning body CIDCO with an investment of around Rs 53,000 crore, by Chief Minister Devendra Fadnavis at Vashi. Through the MoU, NMMC has mandated EBTC as the 'Handholding Agency' for the project.