New finance models for Bengali port
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.
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