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National Highways Investment Promotion Cell (NHIPC).
- Created by National Highways Authority of India
- NHIPC is required for attracting domestic and foreign investment
- focus on engaging with global institution investors, construction companies, developers and fund managers for building investor participation in road infrastructure projects
- work in close co-ordination with various departments and ministries as well as various apex Business chambers such as CII, FICCI, ASSOCHAM
- Fund will be used for Bharatmala Pariyojan.
- Target of constructing 35, 000 km of National Highways in the next five years which requires an investment of Rs. 5.35 lakh crore
- It is the second largest highway construction project after NHDP under which 50, 000 km of highways roads were targeted.
- Roads built under the project would include state highways, national highways and some state roads across the country.
- Subsume all existing highway projects including the flagship National Highways Development Project (NHDP), launched by the Atal Bihari Vajpayee government in 1998
- National Highways Development Programme (NHDP) was launched in 1998 with the objective of developing roads of international standards which facilitate smooth flow of traffic.
- Agencies doing construction: National Highways Authority of India, National Highway and Industrial Development Corporation and State Public Works Department