Road to Improvement may Come via Abu Dhabi

Abu Dhabi wants to take a $5-billion bet on India, specifically Its national highways. The Abu Dhabi Investment Authority (ADIA), a sovereign wealth ( find of the emirate, has expressed interest in taking up 50 highway projects on a toll operate transfer (TOT) basis in what will be the first investment of its kind If it happens. A rough calculation by the roads  ministry pegs the value of the total investment at Rs 3500o crore ($5 billion). Under the TOT mode], roads already built by the National Highways Authority of India (NAHI) are awarded to the Private sector in lie u of an upfront fee. The Private party operates the national highway stretch and collects toils on it for a long-term period.