46 PPP projects underway in urban areas

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New Delhi, Mar 4: As many as 46 public-private- partnership (PPP) projects are at various stages of implementation in 33 cities at a total approved cost of Rs 25,902.84 crore for infrastructure development in urban areas, the Lok Sabha was told.

The PPP projects in 33 states relate to Mass Rapid Transport Systems (19), solid waste management (25), water supply, parking lots, roads, flyovers and road over bridges, Urban Development Minister M Venkaiah Naidu said in a written reply in the House.

Venkaiah Naidu

Naidu said 24 PPP projects with an investment of Rs 1,659.32 cr have so far been completed. Foreign Direct Investment (FDI) of USD 6,405 million (Rs 34,255 cr) has been enabled in 16 urban projects since 2011-12, he said, adding these projects pertain to townships, housing, built-up infrastructure and Construction.

PTI

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