In India innovative infrastructure investment plans are being drawn up intended to help develop the country's highway network. The National Highway Authority of India (NHAI) plans to finance its road projects by issuing bonds.
RSSIn India innovative infrastructure investment plans are being drawn up intended to help develop the country’s highway network. The National Highways Authority India (NHAI) plans to finance its road projects by issuing bonds. This is intended to raise US$1.91 billion over the next month. The plan has been drawn up by the Ministry of Highways and Road Transport. India’s Government intends to invest $17 billion over the next five years on public-private partnership road projects starting from 2012/2013. The government will give out 7,300km of road projects annually in the next three years. NHAI will use the fund raised to finance build, operate and transfer (BOT) highway projects.
