5. Regulatory and Approvals:

Obtain necessary regulatory approvals and permits from relevant authorities at the national, state, and local levels.

This may include environmental clearances, land acquisition approvals, zoning permissions, and construction permits.

6. Implementation:

Execute the project according to the agreed timeline and budget. This involves procuring materials, hiring contractors and subcontractors, managing construction activities, and ensuring quality control and safety standards are met.

7. Monitoring and Control:

Monitor project progress, costs, and performance throughout the implementation phase. Implement mechanisms for risk management, issue resolution, and change control to ensure the project stays on track and any deviations are addressed promptly.

8. Operations and Maintenance:

Once the project is completed, ensure proper operations and maintenance to sustain its functionality and longevity. This may involve establishing maintenance contracts, training personnel, and implementing asset management practices.

9. Revenue Generation:

Generate revenue from the project to service debt obligations and provide returns to equity investors. This could be through user fees, tolls, tariffs, leasing agreements, or government subsidies, depending on the nature of the project.

10. Project Evaluation:

Evaluate the project's performance against its initial objectives and assess its socio-economic impact on the urban area. Identify lessons learned and areas for improvement for future projects.