Six Indian infrastructure projects in global report
Yamuna Expressway, Metro included
As many as six Indian projects have been considered for the KPMG International’s Infrastructure 100: World Markets Report. These include the Gujarat International Finance TecCity ( GIFT), Mundra ultra mega power plant, Delhi government’s interceptor sewage system, Yamuna Expressway, Delhi Metro and the Narmada Canal Solar project.
KPMG I nter national’s Infrastructure 100: World Markets Report highlights key t rends driving i nfrastructure investment around the world. A global panel of industry experts identifies 100 of the world’s most innovative, impactful infrastructure projects showing how governments are coming together with the private sector to overcome funding constraints to finance and build projects that can improve quality of life – both solving immediate needs and planning for future societal demands.
The report looks at infrastructure based on the dynamics of four key markets: mature international markets ( like Canada, Australia, UK), economic powerhouses (including the US and BRIC countries), smaller established markets ( l i ke Chile, Sweden, New Zealand, Korea), and emerging markets.
The panel of independent industry experts evaluate over 400 diverse and compelling projects to ultimately select the final 100, based on the scale (How does the scale of the project relate to similar developments in its class?), feasibility (Is the project plan feasible and sustainable?), complexity (How challenging or complex is it to get stakeholder support?),innovation (Is there a particular challenge the project overcomes?), and impact on society ( Does it improve quality of life or promote economic growth?)
With a total estimated value of over US$1.73 trillion, the 100 projects illustrate a range of infrastructure investment, some with a potentially transformative impact that could change the face of nations.
The I nfrastructure 100 report also brings to light affordability concerns and the need for governments to make difficult choices about where to spend with funding in short supply. Balancing the aspirations of a nation with the need for true social benefit is not an easy challenge.
According to Arvind Mahajan, head of government and infrastructure, KPMG in India, “India’s infrastructure sector story has been a roller coaster ride. While the past few years have seen a decline in interest around the infrastructure sector, the new government is taking a number of measures to revive investment. We believe this could lead to a re-rating of Indian infrastructure.”