NHAI to raise Rs 1 lakh crore t h r o u g h m o n e t i s a t i o n o f highways in next 5 years.
Union minister Ni?n Gadkari has said the Na?onal
Highways Authority of India (NHAI) is planning to raise Rs 1
lakh crore through mone?sa?on of na?onal highways in
the next five years and exhorted industry players to come
forward to reap rich dividends by inves?ng in it.
Gadkari said addressing CII's na?onal conference on "Road
Infrastructure - Crea?ng Demand: S?mula?ng Growth"
that, NHAI is planning to raise Rs 1 lakh crore through
mone?sa?on of highways under toll operate transfer (TOT)
mode in the next five years.
The minister said asset mone?sa?on offers a good business
opportunity for industry players in exis?ng infrastructure
and on the other hand it will help government in unlocking
the value of investment made in crea?ng infrastructure.
"It will be a win-win situa?on for both industry players and
the government," he said and added that it will result in
augmen?ng infrastructure of the na?on.
He also termed the launch of na?onal asset mone?sa?on
pipeline as a pathbreaking ini?a?ve which will catalyse
long-term investment in infrastructure.