World Bank Singapore Infrastructure Finance Summit 2014
 
 


Title
Managing Director
Company
Madhya Pradesh Road Development Corporation
Bio

Vivek Aggarwal is Managing Director of Madhya Pradesh Road Development Corporation (MPRDC) and Secretary to the Chief Minister, Government of Madhya Pradesh. Since joining MPRDC, Mr Aggarwal has developed new models of PPP, including the Deemed Shadow Fee Model, Annuity plus Toll Model, Modified Annuity Model and the Operation, Maintenance & Tolling model. He has also undertaken innovative projects such as the Integrated Border Check Posts, and developed the Accident Response & Traffic Management System. Mr Aggarwal was formerly Managing Director of MP Agriculture Marketing Board and MP Warehousing & Logistics Corporation, Bhopal, where he developed a joint venture model with private investors to raise funding for modern warehouses. Prior to this, he was Managing Director for Industrial Infrastructure Development Corporation, Indore, where he created models for private sector investment in industrial infrastructure, and also set up the Special Economic Zone, IT Park, Readymade Garments Complex, as well as food parks in and around Indore. During his tenure as Collector & District Magistrate for Indore, he developed a model for Urban Public Transport fundraising through private investment. Mr Aggarwal holds a law degree, and practised as a lawyer at Punjab & Haryana High Court from 1992 to 1994. He also holds a degree from the Institute of Company Secretaries of India, and has completed a course on Globalisation & International Financial Systems at the London School of Economics and Political Science, under the Gurukul Scholarship for Leadership and Excellence.