India’s Minister of Road Transport and Highways, Mr. Kamal Nath, announced during a visit to Singapore in mid-July 2009 that infrastructure, particularly development of roads, will be the key defining sector for attracting foreign investments in India in the coming decade; much like ICT was the focus sector in the 90’s and the present decade. India’s priority is on building world-class infrastructure through public-private partnerships (PPPs).
India’s ‘Action Plan for Development of the National Highways Network’ expects that 45,974km of highways with an estimated investment of US$45 billion will be built during the period 2001-2012. To date, only 5,152km or 11.2% of the envisaged 45,974km of highways has been completed. In view of the slow progress, Minister Nath has set a target of 20km a day of highway construction as compared to the current 4km a day.
Malaysian construction companies such as IJM, Road Builders, UEM, Sunway and AZRB are currently actively involved in road and highway projects in India.