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India seeks foreign investors for $20.6 bn road projects

Category :India Sub Category :National,Business
2009-08-10 00:00:00
   Views : 346

'I am also planning to re-consider the termination clause of the project so that more investors can come,' he said.

As per government estimates, the road sector requires an investment of about $70 billion by 2012.

Of this, the private sector participation is expected to be about $41.05 billion, while $10 billion is likely to come from from foreign investors (both equity and debt).

--Indo-Asian news Service

ash/sj/vt




Author :Indo Asian News Service



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