India continues toll road investment

The authorities in India are continuing the process of investment in toll road projects and general road construction. Plans call for some US$27 billion of road projects to be awarded in India by the end of October 2013. Included in the plans are four toll road projects, such as for construction of the Agra-Lucknow expressway, an eight lane highway that will be carried out by Uttar Pradesh Expressways Industrial Development Authority. So far in 2013, only 479km of projects have been awarded by the 292 National Highways Authority of India. This is somewhat less than the original target of 3,000km by September 2013. This follows similar delays from last year. For 2012 a target of 9,500km was projected but only 1,116km of projects were awarded.