Infrastructure is the basic physical systems of a business or nation. Transportation, communication, sewage, water and electric systems are all examples of infrastructure. These systems tend to be high-cost investments, however, they are vital to a country's economic development and prosperity. Infrastructure projects may be funded publicly, privately or through public-private partnerships.
Development of infrastructure projects require large quantum of funds for longer duration. Union Bank helps you in raising the funds for financing your endeavour for implementation of these infrastructure projects. Available in Indian as well as foreign currency, this product enables funding for infrastructure projects: Generation / Transmission of Power, Developing Roads, Ports & Airports, Laying / maintaining pipelines for gas, crude, water Setting up Industrial Parks, SEZs. Telecommunications services, Irrigation projects, water treatment plants, sanitation/sewerage systems, Construction of buildings for educational institutions, hospitals, warehouses.