Expressway authority plan in 6 mths: Nath
The government is likely to give a final shape to the proposed Expressway Authority of India within six months, for building high-speed road network across the country.business Updated: Nov 08, 2010 21:28 IST
The government is likely to give a final shape to the proposed Expressway Authority of India within six months, for building high-speed road network across the country.
“Legislation towards setting up of the authority is underway and we expect to come up with it in the next six months,” said minister of road transport and highways Kamal Nath.
Addressing a session organised by industry chamber CII and the US India Business Council here on Monday, the minister said that the new body would be constituted on the pattern of the National Highways Authority of India (NHAI). The ministry has envisaged constructing 15,600 km of expressways network by the end of the 13th Five-Year Plan (2017-22).
Stating that a huge opportunity lies in private participation in roads sector under built-operate-transfer (BOT) projects, Nath had a word of caution on land acquisition issue.
“We acquire land under NHA Act, by using the state government machinery. But the machinery delays the process inordinately, which in turn reduces global competitiveness,” he said.