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

  • Safety improvements in developed nations
    August 20, 2013
    At a time when road safety is posing a significant threat to both human health and economic development around the world, it is worth noting that in many developed nations the situation is improving. The United Nations has identified road safety as a major problem and established its Decade of Action for Road Safety for the 2010-2020 period, in a bid to cut the growing death toll. But while developing nations are seeing a vast growth in vehicle numbers and road fatalities, the improving road safety situ
    Read More
  • India pushes ahead with highway upgrades
    February 24, 2012
    Two major highway projects are now going ahead in India. A contract worth some US$383 million is now being carried out by Era Infra Engineering Limited (EIEL) through its partnership with OJSC-SIBMOST in Uttar Pradesh.
    Read More
  • Business confidence
    June 10, 2019
    Business confidence in construction looks healthy in many countries around the world. Transport infrastructure remains a high priority for construction activity around the globe. China is continuing to develop its own internal transport network, while also funding a massive programme of works under its Belt & Road plan. The impact of the Belt & Road programme is being seen in Asia, Russia and also parts of Africa, with the aim of unlocking economic activity by boosting transport connections, whether by road
    Read More
  • Papua New Guinea mends its bridges
    February 28, 2022
    Under the latest tranche of the Sustainable Highlands Highway Investment Programme, 45 of the estimated 71 bridges will be completely replaced.
    Read More

Highlighted Content