Road Infrastructure in India 2011 | 6th December 2011 | Mumbai

Oct. 24, 2011 - PRLog -- National highway Development project has implemented in phases wise & improving of more than about 54,500 km ofmajor routs of National Highway Network to international Standards which includes

India currently having 3.34 million Km of road network with world’s 2nd largest, it is one of the costeffective & ideal mode of transportation for freight & passengers, road carry nearly 65% of freight & 85% ofpassenger traffic.

Keeping in mind to build a target of 20 Km road per day (i.e. 7000 Km/year approximately) road MinisterShri C. P. Joshi has announced 7300km of contract in this fiscal year , worth about Rs. 57000 crores againstthe target of 10,000 Km & most of the contract planning to tendering under BOT (toll) projects. Governmenthas taken new Initiatives like

1. PPP concessions with operation, Maintenance & tolling having a target of 4000 km by 2012

2. NAHI has raise tax free bond worth Rs 10,000 crores

3. Implementing Electronic Toll collection (ETC)

4. GIS based satellite Imagery systems etc.

The NHDP which is being implemented in phases now looking to improve about 54500 km Major routes of national highway to meet international standards.

Objective:

Strategically designed & well structured technical sessions will deliver theexpertise knowledge to Indian road sector & to create perfect business platformhaving Indian government senior officials, Industry leaders, Innovators,experts, Investors, user community etc.

To understand government policy & legal Frame work in Road sector

To identify potential opportunities of investments & Development of roads

Lesson from others mistake i.e. from completed projects

Learn about new technologies, advance materials & Latest equipments forroad construction

Opportunities in road sector in next five years

Current status of PPP’s in road sector

Role of Privet investors in road sector

Role of PWD, Municipalities PMGSY & MSRDC in Development of roads inMaharashtra

To interact with experts/road developers/contractors/venders/investors

Networking with industry experts & key players in road sector