Private sector invests Rs 15,164.25 crore in road construction till November this fiscal.
Private sector investment in road construction till November this financial year stood at Rs 15,164.25 crore. This was informed in Parliament.
In a written reply to the Lok Sabha, Road Transport and Highways Minister Nitin Gadkari said private sector investment in road construction in 2020-21 and 2019-20 was Rs 12,475.53 crore and Rs 21,925.98 crore, respectively.
Gadkari said the review of Model Concession
Agreement (MCA) documents of various modes of road construction under PPP
(public-private partnership) is a continuous exercise, and changes are made to
address the concerns of the stakeholders, as and when required.
The minister also informed that a
total length of 6,722.31 km has been completed out of 7,245.07 km of National
Highway projects under build-operate-transfer (BOT-annuity) and
build-operate-transfer (BOT-Toll) mode.