Roads, Highways, Cargo, Air-Cargo and Logistics infrastructure – Bharatmala, LEEP, SetuBharatam, etc.

US investors show interest in highway projects

New projects worth $45 billion under National Highways Development Programme discussed.

  1. A group of investors from the US expressed interest in investing in the highways sector in India.
  2. Investments opportunities to the tune of Rs 60,000-70,000 crore for maintaining completed highways & new projects, estimated at $45 billion under the National Highways Development Programme.
  3. The investors were keen on operations contracts for completed stretches of public-funded highways on the TOT (toll-operate-transfer) basis.
  4. It would help the government mobilise additional resources for new highways across the country.
  5. Under the TOT model, completed stretches of highways by the National Highways Authority of India (NHAI) or a concessionaire will be bid out to the private sector for a concession period of 30 yrs.
  6. A big push in the roads sector is key to the govt’s infrastructure focus, wherein it has target to award highway projects worth Rs 3.5 lakh crore.

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