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National Highways Investment Promotion Cell
December 24 , 2017
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- The National Highways Authority of India (NHAI) has created a National Highways Investment Promotion Cell (NHIPC) for attracting domestic and foreign investment for highways projects.
- The cell will focus on engaging with global institution investors, construction companies, developers and fund managers for building investor participation in road infrastructure projects.
- The government has set an ambitious target of construction of 35,000 km of national highways in the next five years involving an investment of Rs 5,35,000 crore under Bharatmala.
- Therefore, the scale of investment required, both foreign and domestic investment from public and private sector is pivotal.
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