Saturday, 13 June 2015

Government is looking for new Road Financing Models and Swiss Challenge System Explained.

What's the news?

    road 2
    Graphic Source: The Indian Express
  • Ministry of Road, Transport & Highways (MoRTH) is looking at a proposal to allow projects to be bid out under the Swiss Challenge System. This system lets private investor conceptualise projects and prepare DPR (detailed project report). This is exciting as it will expedite the process of award and construction of highway development projects.

road
Graphic Source: The Indian Express
Experience of Swiss Challange system


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