PUBLIC PRIVATE PARTNERSHIP-AT A GLANCE
Public Private Partnership – an alliance for development
The progress of economy of any state is not imaginable without adequate infrastructure development. Developed infrastructure accelerates the development of the state. It has direct impact on industrialization and investment.
A large state like Uttar Pradesh essentially requires enormous investments in order to match international standards of infrastructure facilities. Therefore, for improved quality of infrastructure facilities, faster implementation of projects, optimal risk allocation between the State Government and Private Participants and to meet out additional capital requirement for investment in infrastructure, it has been considered prudent to invite & encourage private participation on a large scale for expeditious development of infrastructure facilities.
In Uttar Pradesh, various public private partnership projects in different segments like expressways, roads, energy, transport, education, urban rejuvenation and service sector etc. are already underway and many more are open for bidding.
Please have a look.
Ongoing PPP projects – status