Big roads and bypasses to be taken up as joint ventures with resident and non-resident investors, Public Works Minister says
17 October 2026
Public Works Minister P.K. Basheer said Kerala needs a development policy built on private and co-operative participation rather than on government funds alone. He said large roads and bypasses are to be funded through joint-venture projects with investors in Kerala and non-resident Malayali investors. He also said a special revenue wing is under consideration under the Public Works Department to speed up land acquisition. He was speaking at the State Planning Board's district idea-formulation meeting in Malappuram. The Planning Board intends to complete such meetings in all 14 districts by mid-December before finalising the new development document.
In plain words
Joint venture Joint venture project — A project in which the government and private or co-operative investors together put in capital and share the returns.