Urban Invest Window – One stop, investment facilitator for our Indian cities is an initiative of Housing and Urban Development Corporation Ltd (HUDCO) under the guidance of the Ministry of Housing & Urban Affairs which was launched by the Hon’ble Minister of Housing and Urban Affairs at the National Urban Conclave.
India is witnessing one of the fastest-growing urban transformations in the world. By 2036, over 60 Crore Indians will call cities, their home. To support this fast urban growth, there is need of huge infrastructure investments, in our cities. However, our Urban Local Bodies still face multidimensional challenges — from capacity building to project preparation, from fund mobilization to investment facilitation. Urban Invest Window is expected to address these issues of our Urban Local Bodies.
UiWIN will facilitate more investments from multiple sources — which are faster and on better terms, like attract private investments by developing PPP projects, long-tenor, concessional and competitive financing from multilaterals like World Bank, ADB etc.
HUDCO will repurpose its pan India network of 20 Regional Offices, to act as Urban Invest Window(s). In a Hub and Spoke model, it will handhold the cities at every step of project journey — from identification of projects to their technical & financial structuring, from capital mobilization to project implementation. Working closely with the State Government and the ULBs, UiWIN will build a pipeline of bankable, investment-ready urban projects. UiWIN will connect the cities with investors – both domestic and global.
UiWin will be a transformative initiative, aiming to double urban investments in next 5 years by – supporting in governance reforms, better financial management and improving the municipal competency. It will facilitate more urban investments through, enhanced and accelerated lending from HUDCO for urban projects, structure PPP projects & attract private investments; long-tenor, concessional and competitive financing from multilaterals like WB, ADB & others; support issuance of Municipal & pooled bonds access for ULBs; Land value capture & monetization; use Convergence with Central & State schemes for additional funding; and most importantly, help in Capacity building of ULB officials. In line with Hon’ble Prime Minister vision, the Urban Invest Window will enable our cities as a backbone in our march towards Viksit Bharat 2047.
