Government plans to construct over 50,000 km of roads
01 Oct 2020
Terming InvIT as an attractive vehicle for mobilising funds for road infrastructure, the government is reportedly planning to construct over 50,000 km of highways. According to MoRTH, most of these will be four to six- lanes wide.
The ministry has asked investors to consider that InvIT has scope for broad basing the investor groups. InvITs are instruments on the pattern of mutual funds and are designed to pool small sums of money from a number of investors.
Contact: Giridhar Aramane, Secretary, Ministry of Road Transport and Highways.
Address: Transport Bhawan, Sansad Marg, New Delhi-110 001.
Tel: 011-2371 4104.
E-mail: secy-road@nic.in
Website: www.morth.nic.in
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