Nitin Gadkari Advocates Flexible, Market-Driven Approach for Highway Construction

28 Jun 2024 CW Team

Nitin Gadkari, the Minister for Road Transport and Highways, has emphasised the need for a flexible and market-driven approach in the construction of highways across India. Addressing stakeholders, Gadkari highlighted the importance of adapting strategies that foster innovation, efficiency, and timely execution in infrastructure projects.

The Minister stressed the role of the Hybrid Annuity Model (HAM) in revolutionising the highway construction sector by incorporating private sector participation and leveraging market dynamics. He emphasised the need for seamless execution and timely completion of projects to meet the growing demands of a rapidly developing nation.

Gadkari also underscored the significance of electronic toll collection systems like FASTags in enhancing tolling efficiency and revenue collection. He encouraged further adoption of digital technologies to streamline operations and reduce logistical complexities in highway management.

Furthermore, Gadkari reaffirmed the government's commitment to enhancing transparency and accountability in infrastructure development. He emphasised the importance of creating an enabling environment that promotes innovation and attracts investments in the sector.

The Minister's call for a market-driven approach aims to accelerate India's infrastructure growth trajectory, ensuring robust connectivity and economic development across the country. By fostering a conducive environment for private sector participation and technological advancements, Gadkari envisions a future-ready highway network that meets global standards of efficiency and sustainability.

Infrastructure Urban

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