Delhi's Infrastructure To Get Private Investment?


BENGALURU: For two decades Indian Government has invited the private sectors to invest in public infrastructure and this trend has been growing every year. New Delhi’s Public Work Department’s (PWD) initiative to invite private sector to invest on developing the city’s infrastructure is a latest example.

According to ET, PWD of New Delhi has planned to construct an over bridge and a skywalk to curb the vehicular and pedestrian traffic along with inordinately growing city. But the shortage of fund has pushed the government to opt Infrastructure Outsourcing (ITO). Currently there is only one subway for pedestrians in Deen Dayal Upadhyay Marg, where a new complex of Supreme Court along with another court is coming up thus increasing the traffic density than ever before. The only subway was built by the Delhi Metro.

The planned skywalk is intended to connect Sikandara Road to the parking lot near Pragati Maidan Metro station and the foot-over-bridge will connect the footpath of Deen Dayal Upadhyaya Marg to the lane near drain, which is close to the Institution of Engineers building.

A senior PWD officer told ET "ITO is a prominent location and we also wanted to involve public in the construction the FoB and skywalk. For that, we have started a competition for innovation designs that are not only aesthetic but also fit in with the surroundings.

It is open to everyone. Five designs will be shortlisted for which winners will be paid Rs 50,000 each. Thereafter, each will have to make a detailed presentation. The winner will be awarded Rs 2.5 lakh after which the design copyright will be transferred to PWD. This is the same amount that is paid to a consultant.”

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