NHAI Seeks Investment from UAE

  • 31 May 2024

On May 30th, 2024, the National Highways Authority of India (NHAI) launched an initiative to monetize its infrastructure, seeking investments from the UAE to sustain and enhance India’s expanding national highway network.

Key Points

  • NHAI’s delegation, led by Chairman Santosh Kumar Yadav and NHIT MD Suresh Goyal, conducted high-level meetings and roadshows in Dubai and Abu Dhabi to attract foreign investment via NHAI Infrastructure Investment Trusts (InVITs).
  • During road show highlighted India’s highway expansion from 70,000 to 140,000 kilometers in a decade, driven by significant government investment.
  • The National Highways Authority of India (NHAI), an autonomous agency under the Government of India established in 1988, oversees the development, maintenance, and efficient transportation of over 140,000 kilometers of national highways.