APR Constructions Limited - Saffron Capital

Foreign Direct Investment up to 100 per cent in road sector.
Easier external commercial borrowing norms. The government has also announced an increase in the overseas
borrowing amount of infrastructure sectors, to US$ 500 million from US$ 100 million.
As per the Economic Survey, the Ministry of Road Transport and Highways, with a view to expediting the
progress of the NHDP, has set a target of completion of 20 km of national highways per day, which translates to
35,000 km at the rate of 7,000 km per year during the next five years (2009-14).
(Source: www.morth.nic.in)
Regulatory Framework
National Highways – National Highways Development Project:
(Source: CRISIL Research, Indian Infrastructure Report, November 2009)
In order to take up the improvement and development of National Highways, National Highways Development
Project (NHDP), the largest highway project ever undertaken in the country, was initiated in a phased manner.
Currently, the NHDP is being implemented in four phases: I (Golden Quadrilateral, port connectivity and other
projects), II (North South East West Corridor), III and V. Phase VI and Phase VII have been approved by the
government and most of the contractors in these phases are in the various stages of planning and bidding.
NHDP Phase I & II envisage 4/6 laning of about 14,000 km of National Highways, at an estimated cost of about
Rs. 65,000 crores at 2004 prices. These two phases comprise Golden Quadrilateral (GQ), North-South & East-
West corridor (NSEW), Port Connectivity and Other Projects.
Up gradation of 12,109 km of National Highways (NHs) under NHDP Phase-III at an estimated cost of Rs.
80,626 crores.
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