TN ropes in pvt sector for infrastructure development
Updated: Jan 07, 2014 02:24:03pm
Chennai, Jan 7 (KNN) In an effort to create an institutional framework to speed up infrastructure development in the state, the Tamil Nadu Infrastructure Development Board (TNIDB) plans to engage the private sector to participate in the process and to identify projects on a priority basis.
Under the TNIDB Act 2012, the board in collaboration with Tamil Nadu Infrastructure Financial Services Limited, (TNUIFSL) is proposing for Package II-legal sector.
In this regard, the board is seeking partnership from consultancy firms for assisting the various government departments and agencies to execute infrastructure projects.
TNUIFSL is the fund manager of Tamil Nadu Urban Development Fund (TNUDF) which has the objective to facilitate private sector participation in infrastructure through joint venture and public-private partnership.
The financial institute has the objective to carry on business activities in respect of management of trust funds and other funds and to act as manager, consultant, advisor, administrator, attorney, agent, or representative of or for any funds.
It offers financial services like project preparation, financial structuring, appraisals, procurement, contract management, fund Management, policy advisory services and many others. (KNN/ST)
Under the TNIDB Act 2012, the board in collaboration with Tamil Nadu Infrastructure Financial Services Limited, (TNUIFSL) is proposing for Package II-legal sector.
In this regard, the board is seeking partnership from consultancy firms for assisting the various government departments and agencies to execute infrastructure projects.
TNUIFSL is the fund manager of Tamil Nadu Urban Development Fund (TNUDF) which has the objective to facilitate private sector participation in infrastructure through joint venture and public-private partnership.
The financial institute has the objective to carry on business activities in respect of management of trust funds and other funds and to act as manager, consultant, advisor, administrator, attorney, agent, or representative of or for any funds.
It offers financial services like project preparation, financial structuring, appraisals, procurement, contract management, fund Management, policy advisory services and many others. (KNN/ST)
Loading...
