India's massive highway programme continues

India's Government is continuing with its huge highway investment programme, with the Indian Road, Transport and Highways Ministry planning to announce US$15.66 billion worth of contracts in the 2011-2012 period.
February 14, 2012 Read time: 1 min
Highway No 8 is one of a series of new tolled links being built in India
India's Government is continuing with its huge highway investment programme, with the 1143 Ministry of Road Transport and Highways planning to announce US$15.66 billion worth of contracts in the 2011-2012 period. These will be for work to 11,050km of roads in all. This represents a 44% year-on-year increase in the National Highways Development Project (NHDP) from more than 5,095km to 7,300km. Meanwhile seven agreements, which carry Japanese loans totalling $1.93 billion as Official Development Assistance to India, have been concluded between the two countries. The sum will be used for projects such as the National Highway upgrade project in Bihar state, as well as a series of other transportation and infrastructure work. The loans are being provided by 2416 Japan International Cooperation Agency, which is coordinator of the assistance programme.

For more information on companies in this article

Related Content

  • India plans major infrastucture investment
    February 10, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports. On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt.
    Read More
  • IL&FS to widen Patna-Gaya-Dobhi road in India’s Bihar state
    October 16, 2014
    The National Highways Authority of India (NHAI) has awarded a highway widening contract worth US$202 million (INR 12.32 billion) to IL&FS Engineering and Construction Company. IL&FS will widen to four lanes 127km of the Patna-Gaya-Dobhi section of NH-83 in the north eastern Indian state of Bihar. The project is due for completion in three years and it will be undertaken under the Official Development Assistance Loans programme of the Japan International Cooperation Agency (JICA).
    Read More
  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Major highway expansion programme continues in India
    November 16, 2012
    India’s massive highway expansion programme is continuing, boosting the country’s construction industry. The National Highway Authority of India (NHAI) awarded contracts for some 4,375km of roads in the first nine months of 2012, with the work worth an estimated total of some US$70 billion. With this strong construction sector, prospects are also good for the upcoming bC India construction equipment exhibition in February 2013 in Mumbai. This news is a welcome change following a slowing of new Indian road p
    Read More

Highlighted Content