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New finance models for Bengali port
12 Feb 2008
The Indian government has conceded that it may well have to look into alternative models to finance construction of the projected new deep-sea port on the west Bengal Coast.
Although no details have been released, it is rumoured to be considering a design, finance, build, operate and transfer model, rather than the more conventional build, operate and transfer contract originally favoured. This turn-round is blamed on a lack of interest in bidders so far.
