Malaysian govt likely to invest Rs 10Kcr in road sector in Raj

The Malaysian government has intended to make an investment of Rs 10,000 crore in Rajasthan's road sector specially construction of highways on PPP model, state PWD Minister Yunus Khan said today.
"The final decsion on this point would be taken up by the Chief Minister Vasundhara Raje, and an MoU between Rajasthan and Malaysia can be done on October 27," an official spokesman quoting Khan said here.
Malyasia's Public Works Department (PWD) Minister S S Velu would likely to come to Jaipur on October 27 for MoU signature ceremony as the asian country intended to spend an investment of Rs 10,000 cr in road sector, Khan said.

Rajasthan government has taken up a massive project to built about 20,000 km roads on highways and up to villages on PPP model with an investment plan of Rs 50,000 crore, he said.