Railway PPP projects stuck on the slow track amid investor apathy

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Rajat Arora: New Delhi, Feb 06 2013, 02:02 IST
being resolved,” said a rail board official. The PM had set a deadline for the bidding to start by December 31, but that was not to be.

Multi-modal Logistics Parks:

The plan was to set up about 20 logistic parks, with an estimated investment of about Rs 10,000 crore from private sector. There is no progress on the project yet.

Commercial utilisation of surplus land: The plan to lease railway land to private players for building multi-function complexes is still on paper. It was expected to earn railways Rs 6000 crore.

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