The Union Road Transport and Highways Minister Oscar Fernandes has said that the Union government is continuously making efforts to boost the public-private partnership (PPP) in the highways sector.
The Minister said in Delhi on November 11 that India is one country where the private sector financing is taking place on a big way in the shape of public-private partnership (PPP) projects. The government is continuously making efforts to create a conducive environment to channelise the private sector financing.
The Union government had already announced setting up of a regulatory mechanism in this year budget, he said adding that the issues of debt management/debt refinancing, institutional strengthening, restructuring of projects, revision of MCA are being examined and being regularity reviewed and revised.
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