New Delhi: India has invited Swiss companies to participate in the development of its infrastructure sector that is projected to see investments of around $1 trillion over the next five years.
The development of the roads sector alone is expected to attract investments worth $ 70 billion in India.
"We intend to take up mega projects of longer length and take the opportunity to seek increased participation of Swiss contractors in our endeavour to have a world-class infrastructure," Road Minister C P Joshi said after his last week's meeting with a Swiss delegation here.
"Our National Highway building programme envisages investment of about US dollars 70 billion over the next five years," Joshi said.
He said India is looking for modern technology and technical expertise in construction, operations and development of highways.
Joshi said the government is working towards putting in place a comprehensive action plan to address all aspects like - Road Traffic Safety through provision of safety infrastructure, foot over-bridges, under-passes, signals and signage, IT based Safety Solutions and so on.
Collaborations are welcome in these areas, he added. Swiss consultancy company, Renardet SA, is working as Supervision Consultant in joint venture with Indian Consultants for 12 road packages. Of these, 7 road packages have been completed and rest are under implementation.
India has a road network of about 47 lakh km, of which about 76,000 km is National Highways.
The development of the roads sector alone is expected to attract investments worth $ 70 billion in India.
"We intend to take up mega projects of longer length and take the opportunity to seek increased participation of Swiss contractors in our endeavour to have a world-class infrastructure," Road Minister C P Joshi said after his last week's meeting with a Swiss delegation here.
"Our National Highway building programme envisages investment of about US dollars 70 billion over the next five years," Joshi said.
He said India is looking for modern technology and technical expertise in construction, operations and development of highways.
Joshi said the government is working towards putting in place a comprehensive action plan to address all aspects like - Road Traffic Safety through provision of safety infrastructure, foot over-bridges, under-passes, signals and signage, IT based Safety Solutions and so on.
Collaborations are welcome in these areas, he added. Swiss consultancy company, Renardet SA, is working as Supervision Consultant in joint venture with Indian Consultants for 12 road packages. Of these, 7 road packages have been completed and rest are under implementation.
India has a road network of about 47 lakh km, of which about 76,000 km is National Highways.
Thanks for information. construction companies in Delhi India like Ansalapi developing a lot for infrastructure, hope others will do better.
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