The Cochin International Airport project serves as a model for infrastructure development

Source: Financial Express

By P RAMESHAN, Professor & chair (strategic management), Indian Institute of Management, Kozhikode

Public-private partnership (PPP) has become a buzzword in infrastructure development efforts in India. Looking at the vast possibilities in PPP, this model of funding is planned for 'softer areas' of infrastructure like healthcare, education and other local services. There are even efforts to develop slums in urban areas through the PPP route. Currently, infrastructure investment works out to about 4.6% of GDP. At this rate, in the next five years, there will be a gap of $130 in the investment targets for the sector. It is feared that unless infrastructure investment levels increase to 8% of GDP, the 9% GDP growth expectations cannot materialise.

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Posted by pichu at March 27, 2007 5:33 PM