Press Information Bureau
Government of India
Ministry of Road Transport & Highways
16 DEC 2021 2:32PM by PIB Delhi
Shri Nitin Gadkari to chair National Conference on “Investment Opportunities in Highways, Transport and Logistics” in Mumbai tomorrow

Union Ministerfor Road Transport and HighwaysShri Nitin Gadkari will chair National Conferenceon “Investment Opportunities in Highways, Transport and Logistics”in Mumbai tomorrow ,17th December 2021.

The conference aims to emphasize on the importance of collaboration between various Central and State Government Ministries, it’s agencies and the private sector to provide an impetus to India’s logistics sector and is in-line with the vision of Prime Minister, through the PM Gati Shakti – National Master Plan. In this regard, the Ministry of Road Transport and highways plans to prioritize the investment opportunities in highways, transport and logistics focusing on three central themes, namely, BharatmalaPariyojana, Asset Monetization, and Vehicle Scrapping Policy. BharatmalaPariyojana is the umbrella flagship program for national highway development with focus on improving efficiency of freight and passenger movement along with development of allied infrastructure projects like Multi Modal Logistics Parks, Intermodal Stations, Ropeways, Optical fibre cable infrastructure. Through discussions on Asset Monetization, Government plans to monetize assets worth Rs. 6 lakh crores by FY25. Investor interactions on Vehicle Scrapping Policy isaimed at attracting investments to set up Registered Vehicle Scrapping Facilities (RVSF) and Automated Testing Stations (ATS) which will help create a robust eco-system for phasing out of unfit and polluting vehicles. The conferencealso plans to highlightseveral marquee projects undertaken by theMinistry of Road Transport and Highways, namely, Zoji-la tunnel, Multi-Modal Logistics Parks among others.

The conference will see participation from potential investors, industry experts, and concerned central and state government ministries. All applicable covid protocols have been adhered to while organizing this conference.