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  sectors social infrastructure
Background

The Central, State and Local Government share the responsibility of developing social infrastructure comprising sports education and healthcare. In case of higher education, the Government of India plays a key role through various statutory bodies. While private sector involvement in higher education, primary education in urban areas and high-end healthcare facilities is significant, far higher levels of private sector management and investment is required in social infrastructure in view of the limited capacity of the Government to expand services in these areas with a large proportion of budgetary allocations towards salaries and wages.

IIDC Initiative in this sector

IIDC has also forayed into the domain of sports infrastructure in the backdrop of the upcoming Commonwealth games in Delhi in 2010. It has become increasingly clear that a concerted effort and a partnership between the public and private sectors is imperative for creation and sustainability of sports infrastructure, so far neglected by both sectors. IL&FS and IIDC are pursuing initiatives with various State Governments to develop sustainable social infrastructure projects in a Public-Private-Partnership (PPP) framework. IIDC has identified social infrastructure as a key sectoral vertical in its business development plan and is actively seeking more mandates in education and healthcare.

Project Development Approach

IIDC offers comprehensive process management in a phased manner to deliver social infrastructure projects in a PPP framework. In the first phase, IIDC typically explores the techno-economic feasibility of the project from the point of view of private sector participation and recommends appropriate PPP structures to its Government clients. In the second phase, IIDC takes on the bid process management on behalf of the client to ensure effective marketing of the project to potential bidders and transparent, credible procurement processes.

Ongoing Projects

Nursing Training Institutions in the North-eastern States
Sports Academy in Jharkhand
Industrial Training Institute in Jharkhand
Redevelopment of Safdarjung Hospital
TopSetting up of multi-specialty hospital at Ranchi, Jharkhand

 

 
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