Nitin Gadkari to Chair National Conference on “Investment Opportunities in Highways, Transport and Logistics” in Mumbai on Dec 17
GG News Bureau
Mumbai, 16th Dec. Union Minister for Road Transport and Highways Nitin Gadkari will chair the National Conferenceon “Investment Opportunities in Highways, Transport and Logistics” in Mumbai on December 17.
The conference aims to emphasize on the importance of collaboration between various Central and State Government Ministries, it’s agencies and the private sector to provide an impetus to India’s logistics sector and is in-line with the vision of Prime Minister, through the PM Gati Shakti – National Master Plan.
The Ministry of Road Transport and highways plans to prioritize the investment opportunities in highways, transport and logistics focusing on three central themes, namely, BharatmalaPariyojana, Asset Monetization, and Vehicle Scrapping Policy.
BharatmalaPariyojana is the umbrella flagship program for national highway development with focus on improving efficiency of freight and passenger movement along with development of allied infrastructure projects like Multi Modal Logistics Parks, Intermodal Stations, Ropeways, Optical fiber cable infrastructure.
Through discussions on Asset Monetization, the Government plans to monetize assets worth Rs. 6 lakh crores by FY25.
Investor interactions on Vehicle Scrapping Policy is aimed at attracting investments to set up Registered Vehicle Scrapping Facilities (RVSF) and Automated Testing Stations (ATS) which will help create a robust eco-system for phasing out unfit and polluting vehicles.
The conference also plans to highlight several marquee projects undertaken by theMinistry of Road Transport and Highways, namely, Zoji-la tunnel, Multi-Modal Logistics Parks among others.
The conference will see participation from potential investors, industry experts, and concerned central and state government ministries. All applicable covid protocols have been adhered to while organizing this conference.
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