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Union Minister for Road Transport and Highways (MoRTH) Nitin Gadkari has urged investors to come forward and invest boldly in the infrastructure sector, which offers a diverse array of investment opportunities spanning multiple asset classes including highways, multimodal logistics parks, wayside amenities, ropeways, warehousing zones, and more.

He said the Internal Rate of Return in the road sector is very high and hence there is no need to worry about economic viability. He said, earlier, projects used to get stalled due to land acquisition issues. But the government decided, a project will not be awarded before 90% of land acquisition is complete and environment clearance is obtained.

Citing various other steps taken by his Ministry to speed up road infrastructure projects, he said ‘Keep your confidence 110%’ Talking about the many benefits of upcoming projects under the Bharatmala Programme he said the travel time from Mumbai to Delhi, via road, will go down from 48 hours to 12 hours within one year; road projects and multimodal infrastructure projects will reduce logistics costs and boost manufacturing, increase exports and help the economy grow.