Private investment in highway construction at Rs 98,100 cr in last 5 years, says Gadkari

Private investment to the tune of Rs 98,100 crore was roped in for construction of highways during the last five years, Parliament was informed on Thursday. To encourage private sector participation through adequate incentives, the Ministry of Road Transport and Highways has adopted Hybrid Annuity Model (HAM) with an objective to maximise the quantum of implementation of highway projects within available financial resources of the Government.

“Share of private investment in total road construction during the last five years is about Rs 98,100 crore,” Road Transport and Highways Minister Nitin Gadkari told Lok Sabha in a written reply.