NEW DELHI, March 4: A total of 46 Pubic-Private-Partnership (PPP) Projects are at various stages of implementation in 33 cities in the country at a total approved cost of Rs.25,902.84 crore for infrastructure development in urban areas. This was stated by the Minister of Urban Development M.Venkaiah Naidu in a statement while replying to a Starred Question in the Lok Sabha today. The question was raised by Nimmala Kistappa.
These PPP Projects in 33 states relate to Mass Rapid Transport Systems(19), Solid Waste Management (25), Water supply, Parking lots, Roads, Fly overs and Road Over Bridges.
Naidu further informed the House that 24 PPP Projects with an investment of Rs.1,659.32 cr have so far been completed.
The Minister also stated that Foreign Direct Investment (FDI) of US $ 6,405 million (Rs.34,255 cr) has been enabled in 16 urban projects since 2011-12. These projects pertained to townships, housing, built-up infrastructure and construction.
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