The centre will be approaching capital markets next month to raise money for building road projects according to Transport Minister Nitin Gadkari.
“We are going to the capital markets next month with a project. Initially there will be four projects on offer and this money will be raised through Infrastructure Investment Trust (InvITs). There will be an investment limit of Rs 10 lakh per retail investor, with an assured return of 7-8%,” he said while addressing the 3rd edition of Roads and Highways Summit organised by Federation of Indian Chambers of Commerce & Industry (FICCI).
