India intends investing in infrastructure in future

The Indian Government has plans for massive investment in road and transport infrastructure. The country’s Road Transport Ministry has announced it will spend some US$ 80.65 billion in developing its road network between 2015 and 2019. Contracts for some 40,000km of road in all will be awarded during this period. The country also has a strategy of supporting private investment in transport through lower interest rates on loans for PPPs, providing partial funding from central government for local road safety
January 19, 2015 Read time: 1 min
The Indian Government has plans for massive investment in road and transport infrastructure. The country’s Road Transport Ministry has announced it will spend some US$ 80.65 billion in developing its road network between 2015 and 2019. Contracts for some 40,000km of road in all will be awarded during this period. The country also has a strategy of supporting private investment in transport through lower interest rates on loans for PPPs, providing partial funding from central government for local road safety measures.
Road Structures Finance & Funding

Related Content

  • ERF participates in 4th Congress on Roads in Bosnia and Herzegovina
    December 8, 2014
    On 18th and 19th September, the Association of Consulting Engineers Bosnia and Herzegovina (UKI BH), a member of the ERF, organised its 4th Congress on Roads, together with the Regional Cooperation Council. The UKI BH brings together stakeholders involved in consulting activities aimed at supporting the companies’ interests and improving the efficiency of the activities developed according to the international rules and regulations. The Regional Cooperation Council promotes the reciprocal cooperation, as
    Read More
  • Wide variations in Europe's road safety figures
    May 14, 2012
    Road safety in Romania continues to be a major issue, with the country seeing more deaths in 2009 than in 2001. A study by the European Transport Safety Council (ETSC) shows that Romanian roads are eight times more dangerous than similar links in Sweden, which has Europe’s best record for road safety (see also Safety Report). Romania, along with Malta, has bucked a trend within Europe of reducing road accidents levels between 2001 and 2009 according to the report. However, while Malta’s road fatality rate
    Read More
  • Plans in hand for major Ethiopian road programme
    September 22, 2014
    In Ethiopia plans are in hand for a series of major road projects. The Ethiopian Government has set out a programme of road building contracts to expand the country’s transportation network. The Addis Ababa City Roads Authority (AACRA) intends to build 600km of roads in the 2014/2015 fiscal year. This will extend Ethiopia’s road network from 4,671-5,275km. However AACRA still requires some £189.5 million to complete this project. So far AACRA has received US$305 million from Addis Ababa City Administration,
    Read More
  • Infrastructure plan for China’s Gansu Province
    March 3, 2015
    Major plans for infrastructure investment have been set out by the authorities in China’s Gansu Province. In all some US$79.9 billion is planned to be spent over the next six years. One of the key aims of this infrastructure programme is to improve China’s transport links with Central Asia. In all the programme of works calls for the construction of 60,000km of roads, including 4,070km of expressways. There are also plans to improve 12 commercial airports in Gansu Province. The sources of funding required f
    Read More

Highlighted Content