STATE TIMES NEWS
SRINAGAR: The Srinagar Smart City Ltd is finalising policy for Public Private Partnership (PPP) in infrastructure and holding stakeholder consultations for initiating key infrastructure projects aimed at completion in few months to one year to being with.
Deputy Commissioner, Srinagar and Chief Executive Officer of Srinagar Smart City Ltd, on Thursday informed that Public Private Partnership in infrastructure projects and civic services will now provide a rare opportunity for entrepreneurs and investors to associate with vital projects having assured returns. This will give a major boost to local economy and also facility creation of infrastructure.
Srinagar Smart City Ltd has empaneled consultant for Public Private Partnership and has called prospective investors and entrepreneurs for stakeholder consultations next week scheduled to be held in Srinagar to share the opportunities under the PPP component of Smart City project. The Requests for Proposals (RFPs) of many projects are expected to be initiated later this months.
Major projects to be opened for PPP are establishment of car parkings, boutique hotel, smart bus stops, water transport, redevelopment of areas including commercial complexes, museums, urban transport, tourism services, vending zones and several civic services delivery platforms.