Advertise Here [728 W x 90 H pixels]
Construction : Web Exclusive | June 2013 | Source : Construction Update

Indian infra sector presents huge opportunity for Aussie firms

The huge infrastructure investment target in the next five years in India presents great opportunity for Australian companies, a recent submission to the Australian Department of Foreign Affairs & Trade (DFAT) by researchers Amal Varghese and others shows.

An opportunity exists for Australia to play a larger role in facilitating the financing (through structures such as public private partnerships) and leading practice governance models to support large infrastructure projects in India by partnering with local government institutions and private sector participants, the statement reads.

Some Australian media reports point out that companies in the country have great opportunity in participating in the $1 trillion infrastructure programme envisaged for the 12th five-year plan in India.

Out of this one trillion US dollar kitty, according to the projections published in the Australian Financial Review newspaper, India plans to invest $123 billion on roads, $55 billion on ports, $300 billion on rail and $13 billion on airports in the next five years.

Advertise Here [728 W x 90 H pixels]