With no bidders, Smart City special purpose vehicles to go local

Hubli | Wednesday | 20th June, 2018

Summary:

If both come forward, large companies will not have management issues at the local level which the local contractors can manage. Hence, we are involving local contractors who can bid jointly with large companies. However, due to management issues at the local level, big investors are reluctant to come forward to invest. While large companies have technology, local investors do not. But what about Shivamogga and other smart cities?.