Multilateral development banks (MDBs) have important functions in infrastructure projects. Besides their traditional lending role, they provide additional guarantees to private investors about the creditworthiness of the project.
To clip infrastructure inadequacy both in India and rest of the World Public–Private Partnerships (PPPs) emerged as an alternative to the traditional mode of infrastructure provisions of governments. The article analyses trends and patterns of various infrastructure sectors and regional distribution of PPPs at India’s national and sub-national levels to identify to what extent this has been able to curb infrastructure deficit.
Infrastructure development builds the road map for economic growth and social upliftment of a county. Econometric studies indicate a direct relationship between development of physical infrastructure and economic growth. Road infrastructure, in particular, provides a network to facilitate trade, transport, social integration and economic development, especially for an underdeveloped region.
Infrastructure plays an important role in economic growth and development. Increasingly, infrastructure projects are being developed with investment from private sector. In recent years, India has implemented a large number of roads under public private partnership (PPP) projects. This study is an empirical analysis of the impact of political environment on various project outcomes. The data set for the study comprised 62 completed national highway PPP projects.
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