India mega highway project connecting cities

India’s Road Transport and Highways Ministry is working on plans for a new high speed road link connecting the capital, New Delhi, with the key economic and industrial centre, Mumbai. The route will form part of the country’s new highway network and is expected to cost in the order of US$15.3 billion to construct. In addition, another highway project has been proposed that will be linked to the planned New Delhi Mumbai route. The new inter-city highway will be tolled and will reduce travel times between New
April 19, 2018 Read time: 1 min
India’s Road Transport and Highways Ministry is working on plans for a new high speed road link connecting the capital, New Delhi, with the key economic and industrial centre, Mumbai. The route will form part of the country’s new highway network and is expected to cost in the order of US$15.3 billion to construct. In addition, another highway project has been proposed that will be linked to the planned New Delhi Mumbai route. The new inter-city highway will be tolled and will reduce travel times between New Delhi and Mumbai and is expected to help boost transport and trade. Plans for the financing model envisaged for this mega-project have yet to be revealed however.
Finance & Funding

Related Content

  • India’s highway financing programme planned
    November 30, 2016
    A budget of US$8.97 billion has been set as the limit on borrowing for India’s highways development programme for the 2017-2018 fiscal year. The financing agreement has been made by the National Highways Authority of India (NHAI), acting through the country’s Ministry of Road Transport and Highways. This substantial budget comes in spite of fewer projects being awarded as well as less financing having been secured during 2016. In the April to October 2016 the NHAI awarded contracts for 2,330km of highways.
    Read More
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
    Read More
  • East Africa’s dream of a ‘Silk Road’ in sight
    October 22, 2021
    East Africa’s dream of a ‘Silk Road’ route to boost trade and transport is now in sight
    Read More
  • Chinese highway project under construction
    February 9, 2017
    China’s infrastructure expansion programme is in the process of transforming the country. Meanwhile its construction market is the largest in the world, comprising around 25% of the country’s US$11 trillion economy. However, slowing domestic growth in recent years has encouraged the Chinese Government to invest in key infrastructure projects in a bid to improve the country’s transport connections.
    Read More

Highlighted Content