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Karnataka hastens work on infrastructure projects
Our Bureau
Bangalore, Nov. 27
Karnataka has stepped up its efforts to take up 48 of the 148 projects worth about Rs 1 lakh crore under Public Private Partnership by actively pursuing the Centre's clearance, while sorting out local bottlenecks of land acquisition. The State, which had to struggle for along time to executive its new green international airport, is now confident of overcoming the hurdles and set in motion the process of implementation.
The Infrastructure Department plans to take up 48 projects for early implementation and it has already prepared preliminary project reports for 20 projects.
According to government officials, the State had proposed 110 projects in the transport sector alone, which relates to roads, railways and smaller airports.
Though private sector companies and investors have shown interest to invest in the projects, delay caused by clearances from the Central Government and departments, land acquisition and litigation had put paid to the hopes of the projects taking off early. Some of the projects were proposed three to four years ago, said the officials.
The projects, proposed to be offered to investors on design, build, operate and transfer modes, could not be taken up earlier because of enormous time taken in preparing the feasibility reports.
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