Punjab Infrastructure Development Board (PIDB) will issue public bonds to raise capital to carry out the recently approved infrastructure projects of worth Rs 25,000 crore.
?Most of the projects are coming on PPP mode and the government will facilitate land acquisition,?said Punjab PWD minister Parminder Singh Dhindsa. According to initial estimates for each project, there is need to raise approximately Rs1000 crore. Then private companies will carry out the constructions, added Dhindsa.