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Vol. XI Issue VIII - August 2009
Project Management eJournal
REGIONAL REPORT:
Report on Project & Project Management in India
By Raju Rao
International Correspondent for PMForum & PM World Today
Chennai, India
Infrastructure projects being stepped up
Since the formation of the new government in July 2009 there has been a renewed interest and focus on infrastructure projects.
Roads
Funding
The government plans to invest around Rs 1,00,000 crore to build about 12,000 kilometers of roads this year mainly through the toll-based model, with options to bring in foreign investors, according to Union minister for road, transport and highways Kamal Nath.
In the move to bring in foreign investors, the ministry of road transport and highways, along with ICICI Bank, is planning to conduct international road shows in Asia, Europe and the US.
As a follow-up of this approach Union Road Transport & Highways Minister Kamal Nath kick-started his campaign in Singapore to woo foreign players to invest in the road sector in India. The road show in Singapore, jointly organised by ICICI Bank and JM Financial Institutional Securities Private Ltd, completes the Asia tranche of the events. A similar road show was organised in Mumbai last week.
To read entire report click here
Raju Rao Raju Rao, PMP, is an International Correspondent for PMForum and PM World Today in Chennai, India. Mr. Rao is also principal consultant for Xtraplus Solutions, a PM consulting and training company based in Chennai. Mr. Rao has a B.Tech degree in Chemical Engineering from the University of Madras, India; a Diploma in Management from the University of Bombay; an Advanced PM certificate from Stanford University; and a certificate from IIM Calcutta. Mr. Rao has over 30 years' experience in engineering, process and project management and has been an active member of PMI for several years. He is currently a member of PMI's OPM3 2008 Update project, and was a team member for development of several recent PMI standards. A founding member and vice president for the PMI Chennai Chapter, Raju is also a member of the PMI Pharmaceutical SIG, member and Chair of the Advisory Committee for the South India chapter of AACE International, and founder of the Indian Project Management Forum. Raju Rao lives in Chennai, India and can be contacted at rao.raju@gmail.com. Additional information about Mr. Rao can be found at http://www.pmforum.org/pm%20forum%20team/index.htm#5. |
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