The Government of Gujarat in India has announced that the operation of ferry service between Mumbai and Surat will begin from November 2019. The ferry service has 20 air-conditioned rooms and with a capacity of 300 passengers, will operate between Hazira port in Surat and Bandra in Mumbai. The services will be operated once per week. The frequency can be increased in the future based on demand.
Country updates
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August 13, 2019
ADB approves US$ 200 million for rural roads upgrade in Maharashtra state of India
The Asian Development Bank (ADB) has approved a loan of US$ 200 million to upgrade rural roads to all-weather standards in 34 districts of India’s Maharashtra State to better connect rural areas...
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August 08, 2019
GIC sovereign wealth fund invests in IRB Infrastructure Developers’ toll roads
The Government of Singapore Investment Corporation (GIC) sovereign wealth fund, GIC Private Limited has invested in IRB Infrastructure Developers Ltd road platform in India for a total commi...
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July 31, 2019
India to privatize 20 to 25 airports in second round of privatization
The central government of India has revealed its plan for the second round of airport privatization. Under the proposal, the government is planning to privatize 20 to 25 airports across India which ha...
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July 25, 2019
Investment by Brookfield in Tower Infrastructure Trust
Reliance Industrial Investments and Holdings Limited (RIIHL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), has entered into an agreement with BIF IV Jarvis India Pte Limited, an aff...
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July 15, 2019
NHAI signs MoU with NIIF for funding highway projects in India
National Highways Authority of India (NHAI) signed a Memorandum of understanding with National Investment and Infrastructure Fund (NIIF). NIIF is a fund promoted by the Government of India to give a b...
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