Government to consider providing highway builders with additional funds for BOT projects
The government plans to boost highway project viability by increasing Viability Gap Funding beyond the current 40% cap, paid through annuity. This move aims to attract more private investment in infrastructure. Significant contract changes are also underway for Build Operate and Transfer projects, including ensuring 95% land availability before construction and compensating for revenue shortfalls.
The government plans to boost highway project viability by increasing Viability Gap Funding beyond the current 40% cap, paid through annuity. This move aims to attract more private investment in infrastructure. Significant contract changes are also underway for Build Operate and Transfer projects, including ensuring 95% land availability before construction and compensating for revenue shortfalls.
