Menu Sectors
Project Finance Copying and distributing are prohibited without permission of the publisher

Legal and regulatory

16 December 2009

Land issues blight India's infrastructure plans

India's government is likely to miss its target on infrastructure spending for the five years ending 31 March 2012 by at least $100 billion, with the main culprit not the credit crunch but the difficulty acquiring land for key infrastructure projects.

The government plans to spend $500 billion building roads, ports and power supply, according to its most recent five-year plan. But Alroy Lobo, chief strategist and global head of equities and asset management at Kotak Asset Management, reckons the eventual figure will be between $350 billion and $400 billion. In the power sector, for example, he says that at best 60MW to 62MW of capacity will be built by the time the country's 11th five-year plan ends, well below the target of 72MW. While Lobo acknowledges that the infrastructure shortfall will be partly...


Latest Deals Database updates

Kuala-Lumpur-Singapore High-Speed Rail PPP Project Update date 22/04/2014
Sector Transport > High-speed rail
Country Asia > Malaysia
Total Debt Loan Amount
Status Financial advisor mandated
Perth Stadium PPP project Update date 22/04/2014
Sector Leisure/Stadia > Stadia
Country Asia Pacific > Australia
Total Debt Loan Amount
Status Preferred bidder
IJmond Sea Lock PPP Update date 22/04/2014
Sector Transport > Port
Country Europe - EU > Netherlands
Total Debt Loan Amount
Status Tender launched
Change font size: Switch to default font size Switch to medium font size Switch to large font size