The MoRTH plans to auction road projects worth over Rs 2 trillion under the build-operate-transfer (BOT) model by March 2024. This initiative aims to boost the public-private partnership (PPP) in road construction, departing from EPC model.
The shift to BOT projects is expected to create job opportunities and promote economic development. However, in regions where economic viability is a challenge, such as the Northeast, government budget allocations will continue to support road development initiatives.
COPYRIGHT © 2016- 2022 | INDIAN INFRASTRUCTURE