Hybrid Annuity Model has grown into popularity as a PPP model for development of highways since its introduction in 2016, after declined interest in PPP to revitalize the sector. The model is considered to have the best of both worlds, as it reduces the financial burden on concessionaire, by investment of 40% of the money during construction by government and return of 60 % of the investment by concessionaire in bi-annuity over a period of 15 year.
