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Ahead of the upcoming state assembly elections in Bihar, the central government has approved the construction of a greenfield four lane access-controlled
high-speed corridor section in the state at a cost of nearly â¹4,448 crore.
The Mokama-Munger section of the Buxar-Bhagalpur High-Speed Corridor in Bihar will be constructed on Hybrid Annuity Mode (HAM) covering about 82.4 km of length, indicating that the HAM model still continues to be preferred mode of road construction at a time when the government is working to give a
renewed push to Build-Operate-Transfer (BOT) model.
With an aim to give a boost to economic activities in the state, the new road project is expected to drive up the freight movement and the traffic on the Mokama-Munger section in the future and give fillip to industrial, food packaging, processing and agro-warehousing businesses.
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M Angamuthu appointed Chairman of Mumbai
Port Authority
The new chairman is expected to focus on modernising port operations and enhancing maritime trade efficiency.
Read hereAPM Terminals to invest â¹3,500 crore in Pipavav port expansion
The investment aims to strengthen port infrastructure, improve cargo handling capacity, and support regional economic growth.
Check hereMinistry of Ports urges states for non-major ports data submissionThe government seeks data from states to improve infrastructure planning, policy formulation, and efficient utilisation of non-major ports.
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Thales appoints Ankur Kanaglekar as Vice-President for India
Ankur Kanaglekar will drive defence and aerospace initiatives in India, strengthening the companyâs footprint in strategic
sectors.
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Stay tuned! Weâll be back next week with the latest insights, expert views, and critical updates from Indiaâs infrastructure landscape. Until then, keep building!