Centre targets Rs 2 trillion in BOT road projects to boost private sector participation

The Ministry of Road Transport and Highways plans to auction road projects worth over Rs 2 trillion under the BOT model by March 2024. This initiative aims to boost PPP in road construction, departing from the 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.