India, China to sign road pact during PM’s visit

October 19, 2013

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Moushumi Das Gupta , Hindustan Times

Impressed with China’s highways infrastructure and superior standards for construction and maintenance, a bilateral pact on cooperation in the road transportation sector is set to be signed between the two countries during PM Manmohan Singh’s visit to China next week.

At 65,000 km China has world’s second largest network of expressways. So far, however, China has a limited presence in India’s highway sector. Only six Chinese companies, under joint ventures with Indian firms, are involved in building highways. All six companies have participated and won the bids for the projects.

The broad area where India wants to seek cooperation includes management of road infrastructure technology, standards for highway construction and maintenance, road safety intervention strategies aimed at reducing death and injuries resulting from road accidents, etc. India also wants to know more on how China has dealt with contractual issues and financing of highways build in public private partnership mode.

http://www.hindustantimes.com/