Govt offers 21 key infra projects to pvt players

Govt offers 21 key infra projects to pvt players

Addressing a press conference here on Friday, Infrastructure Minister Janardhana Reddy and Infrastructure Depart-ment Principal Secretary V Madhu said the government is anticipating Rs 10,000 crore investment into the infrastructure sector during the meet.

Madhu said feasibility reports of the key projects including mono-rail projects in Bangalore, Devanahalli business park, logistic park in Bangalore, intermodal terminal hubs at Peenya, Yeshwanthpur, Yelahanka and Mysore Road in Bangalore, besides the second stage of Bangalore Metro will be provided for potential investors at the meet.

Reddy said the government would like to take up a total of 74 projects under the PPP model in eight sectors at a potential investment of Rs 83,367 crore. The government was building the base to attract at least Rs 21,000 crore investment towards infrastructure every year for the next 10 years.

Madhu said government has submitted to the World Bank through the Centre a sustainable infrastructure action plan for US $ 37.48 billion in the sectors of agri-infrastructure, energy, industrial infrastructure, transportation and logistics, connectivity between cities and growth zones, tourism, urban and municipal infrastructure, water projects for drinking and irrigation, rural roads, among other.
Railway projects would be given priority to gear-up connectivity. Reddy said airports in 11 cities and airstrips in 13 towns would be completed within the next two years.

Airports would be developed at Hassan, Shimoga, Bidar, BIjapur, Mangalore (expansion), Mysore, Hubli, Belgaum, Bellary and Gulbarga, while airstrips would be constructed at Davanagere, Raichur, Chitradurga, Udupi, Kushalnagar, Gokarna, Bagalkot, Haveri, Kollegal, Gadag, Chikmagalur, Koppal and Yadgir.

Confederation of Indian Industries (CII) Karnataka Chairman Aroon Raman said CII would collaborate with the State government in the aerospace, infrastructure, energy, automation, steel, cement and mineral sectors at GIM.