As highway InvITs perform well and numerous digital and technology innovations push the infrastructure sector, Private sector participation in the PPP mode can push for fast-track growth of the Indian economy, says Nitin Gadkari, Minister of Road Transport and Highways in India. The dream of the Prime Minister is to make the Indian economy $5...
Tag: bridges
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Bentley Systems announces the finalists Going Digital Awards in infrastructure
The annual awards program honors the extraordinary work of Bentley software. Bentley Systems, Incorporated, the infrastructure engineering software company, announced the finalists for the 2021 Going Digital Awards in infrastructure. The annual awards program honors the extraordinary work of Bentley software users advancing infrastructure design, construction, and operations throughout the world. A 16 independent jury...
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Aren’t we forgetting something here?
The Economic Intelligence Unit, based on a report on the 'Safe Cities Index 2017,' said the global economy is projected to grow at about 2.9 per cent in 2017 as against 2.3 per cent in 2016. The report also cited India to continue to grow at over 7 per cent over the next decade.
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Afordable housing has big-ticket opportunities
Low-cost housing is a volume business. Private companies would be interested in this business only when there is scale. The intention of the government to give this sector infra status is to offer access to low-cost funding for the sector.
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The playing field for the housing sector has been levelled
As India´s urban population goes up from 26 to 51 per cent in a decade, the need for upgrading urban infrastructure is most acute here. China has caught up in the past six years. Indian infra requirements include budget housing, road infrastructure, bridges, flyovers and underpasses to connect small towns to cities and then to the metros.
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Meghalaya gets two new rail-line projects
To bring the North Eastern states on the railway network, the Government has taken up two new line projects for Meghalaya. The two projects were Teteliya (Assam), Byrnihat (Meghalaya) and Byrnihat-Shillong in Meghalaya.
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Govt. to invest Rs.25k cr in Assam
Union Road Transport and Highways Minister Nitin Gadkari said the Centre would invest Rs.25,000 crore for developing roads, bridges and waterways in poll-bound Assam over the next two-three years.
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Hi-tech in infra
India has only recently begun to focus on the growth of its infrastructure. There is still a long way to go in adopting the latest and best technologies for their design, construction and management.
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New e-way sectors to get infra boost
The Noida Authority has started working on several projects that they hope will give a boost to infrastructure in newly-developed sectors along the Noida-Greater Noida expressway. This includes connecting Faridabad and Greater Noida. It has also reviewed all projects along the expressway.
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Project indemnity could boost infra investment
Emerging economies are heavily investing in infrastructure development for a positive economic growth trajectory. The current economic dynamics in India suggest that infrastructure will give a major push to the overall development of the country´s economy in the long run.