Infrastructure: Rs 250 billion incurred over the next 10 years

13 years, 6 months ago - 4 June 2011
Infrastructure: Rs 250 billion incurred over the next 10 years
Saturday, June 4 " Rs 250 billion should be mobilized over the next ten years to expand, improve and modernize our infrastructure. It's an ambitious agenda and an unprecedented investment! "said Pravind Jugnauth during a workshop on the National Infrastructure Investment Plan yesterday.

This significant investment will be used to increase road transport, aviation and maritime, telecommunications, infrastructure, public facilities of water and waste water systems, drains, among others. To attract private investment, supports, however, the Minister of Finance, it is crucial that the government is developing new approaches.

"The state can not invest alone. We need private partners. We need a law suitable to achieve our goals. Thus, the Public Private Partnerships (PPP) in Act being amended in this sense ," says the Great fundraiser. Pravind Jugnauth also announced a new Public Procurement Bill will soon be presented to the National Assembly. " The 'White Paper' will soon be finalized and put into circulation  ," he said.