Karnataka, one of the first few states to mainstream infrastructure projects through the public-private partnership (PPP) model, has succeeded in initiating around 100 PPP projects worth Rs 1 lakh crore in the last three years.
Of these, 86 are major projects and their combined worth is Rs 94,615 crore, according to the infrastructure development department.
A sector-wise analysis of the PPP projects reveals transport the sector occupies the top-slot, followed by urban and municipal infrastructure and tourism sectors.
But, with regard to the value attached to the PPP projects, urban and municipal infrastructure sector tops with an investment of Rs 42,008 crore and is followed by the transport sector (Rs 27,607 crore), energy (Rs14,504 crore), industrial infrastructure (Rs 9,522 crore) and tourism (Rs 1,044 crore).
“The government has taken several measures to popularise the PPP model for infrastructure. The infrastructure policy unveiled last year gives thrust to the PPP model,” said Gaurav Gupta, special secretary, infrastructure development department, during an interactive programme on `Financing Infrastructure Through PPP’ jointly organised by the Bangalore Chamber of Industry and Commerce (BCIC) and Yes Bank here on Thursday.
With regard to transport, Gupta said four minor airports at Gulbarga, Shimoga, Hassan and Bijapur were being developed on the PPP model.
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Three ports — Malpe, Honnavar and Karwar — have also been taken up on the PPP basis.
This apart, bus terminals at Hubli and Gulbarga are also being upgraded. One of the major PPP projects on the anvil is the rail link to Bangalore International Airport at Devanahalli, he added.