The government is planning to bid out six mega road projects entailing a total investment of 30,000 crore rupees across the country. Talking to reporters in New Delhi, Transport Minister Kamal Nath said, Expressways Authority of Indiawould be set up next year to look at specific needs of developing expressways in the country.He expressed optimism that the road construction activity would touch 8 to 9 km per day-mark in the country next month and the target of achieving 20 km per daywould be met by March 2010. Mr. Nath said that various foreign firms have shown interest in investing in the highways sector in India and the issues highlighted by them are being addressed. He also said that of the 20 billion dollar investment required in the sector over the next one year, about 60 per cent would come from the private sector.
News On AIR | November 8, 2009 6:39 PM
Govt. to bid out six mega road projects worth 30,000 crores