'Pvt sector to spend $125 bn in core'
The private sector expects to invest upto 25 per cent of the total investments needed in infrastructure sector in the next five years which is more than the international average of about 20 per cent.
By PTI |
NEW DELHI: With an estimated investment of about $ 500 billion in infrastructure during the 11th five year plan, the private sector is expected to pump in up to $125 billion during the period.
"The private sector expects to invest upto 25 per cent of the total investments needed in infrastructure sector in the next five years which is more than the international average of about 20 per cent participation in infrastructure investment by the corporate," a CII CEOs snap poll said.
According to the Deepak Parekh Committee report, the survey said, the total investments required for the infrastructure sector in the next five years is $475 billion.
Assessing the availability of bankable projects, a majority of the CEOs said the shelf of bankable projects available were only up to the extent of $50 billion, it said, adding this was revealed by 66 per cent of the CEOs who participated in the survey.
Of these 66 per cent, 31 per cent of them expected the shelf of bankable projects available upto only $30 billion, it added.
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On attractiveness the sub-sectors, majority of CEOs considered power sector as the most attractive sector for private sctor investment. Download
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