BWI: Conference On Opportunities & Challenges for Foreign Investors in Indian Road & Highway Sector to be Held in Mumbai

Press release from Business Wire India
Source: Sparta Strategy
Friday, February 04, 2011 10:27 AM IST (04:57 AM GMT)
Editors: General: Consumer interest, Economy, Politics; Business: Advertising, PR & marketing, Banking & financial services, Business services, Commodities & materials, Construction, Financial Analyst, Heavy industries, Major diversified industrial groups, Retailers, Transport engineering
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Conference On Opportunities & Challenges for Foreign Investors in Indian Road & Highway Sector to be Held in Mumbai


Mumbai, Maharashtra, India, Friday, February 04, 2011 -- (Business Wire India) -- A half day conference on Opportunities and Challenges for Foreign Investors in the Indian Roads and Highways Sector is scheduled to take place in Mumbai on Tuesday 8th February. The event which has already confirmed participation from prominent business names from India and overseas will be a discussion platform for one of the largest infrastructure investment opportunities on India's agenda.

India's highways development project, the largest public private partnership programme in the world, includes building 35,000kms of national highways over the next four years at the rate of 20kms a day. Over the next few years, of the total projected investment size of $70 billion (Rs3.09 lakh crore), the likely investments from private sector including foreign direct investment (FDI) will be about $41 billion (Rs1.81 lakh crore).FDI and the participation of foreign entities is crucial and the conference aims to address concerns paving the way for partnerships in this endeavor. While some investors are still apprehensive about the risks and challenges that could arise, the conference will serve as a discussion platform to address them and government representatives from the MORTH and NHAI reassure private sector and foreign investors strengthening the public private partnership route outlined for this undertaking.

The government's determination to bridge the infrastructure deficit provides an immense opportunity to international financial institutions and infrastructure companies to participate in the National Highways Development Project.

Organized by leading FDI advisory firm Sparta Strategy and the Financial Times, the event will also prove beneficial to infrastructure funding companies within India in developing new funding solutions. With well over 120 guests already confirmed for the conference in Mumbai split equally between representatives of the infrastructure finance community as well as infrastructure contractors, the gathering will be closely watched by the business world. With 100% FDI now allowed in the Indian Road and Highways sector the conference will not just be a platform for exploring foreign joint venture partners, but will help bring in more technology, expertise, efficiency and quality towards the construction of the proposed highways & expressways over the coming years.

With an open platform to interact, overcome possible challenges and make commitments towards making these partnerships work the conference will be an important stepping stone towards one of the largest collaborative infrastructure business opportunities and set the tone for future public private partnerships and foreign investments

Event Details:

Date: Tuesday 8th February 2011

Time: Starting at 9:00am with registrations beginning at 8:30am

Venue: Westin Garden City, Goregoan, Mumbai

Sparta Strategy: Investment Promotion | JV Advisory | Investor Targeting |FDI Analysis & Research

Sparta Strategy advises Governments, Companies and Free Zones on international investment and investment attraction strategies and is a recognized leading Indian advisory firm in overall Economic Development including Location Consulting, Joint ventures, Trade promotion and Investment promotion support services.



CONTACT DETAILS
Mr. Kavan Bhandary, Sparta Strategy, +91( 22) 65250250 / +91 (22) 65264123, press@sparta.co.in

KEYWORDS
CONSUMER, ECONOMY, POLITICS, MARKETING, BANKING, BUSINESS SERVICES, COMMODITIES, CONSTRUCTION, Financial Analyst, HEAVY INDUSTRIES, GROUPS, RETAIL, TRANSPORT

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