India’s infrastructure build-out envisages investments of close to $500bn, with $430bn of this in the core transport and utility sectors. About one-fourth of this investment is expected to be met through Public-Private Partnerships (PPP). Successful implementation of this ambitious plan depends on four interdependent factors, namely the creation of adequate projects for tender by government agencies, the uptake of available projects by private sector developers and cash contractors, the financial closure and start of construction, and finally, the execution of projects on-time and within budget.
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