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REC CMDs views coincide with ICF theme of infrastructure funding and nationbuilding

REC CMDs views coincide with ICF theme of infrastructure funding and nationbuilding

New Delhi, 12 October 2023 — At a point of time when the construction and infrastructure industries are witnessing unprecedented growth, the eagerly awaited 9th India Construction Festival is being held at Shangri La, New Delhi, on 12th October 2023. The grand event was organised by First Construction Council in collaboration with Construction World and Equipment...

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Invest in infrastructure, Gadkari exhorts industry

Invest in infrastructure, Gadkari exhorts industry

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...

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Where are the orders?

Where are the orders?

Data from the Ministry of Road Transport & Highways (MoRTH) showed that only 4,766 km of the targeted 12,000 km of highways for FY23 had been built from April to November. Pratap Padode, Editor-in-Chief, Construction World worries as we step into 2023… Highway construction this year is even slower than 2020 – the first year of the...

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Aren’t we forgetting something here?

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

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.