NHAI creates National Highways Investment Promotion Cell

The National Highways Authority of India (NHAI) has created a National Highways Investment Promotion Cell (NHIPC) for attracting domestic and foreign investment for highways projects. The cell will focus on engaging with global institution investors, construction companies, developers and fund managers for building investor participation in road infrastructure projects.

The government has set an ambitious target of construction of 35,000 km of national highways in the next five years involving an investment of Rs 5,35,000Cr under the Bharatmala project.