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India
Brown-field Toll Road Project
Country | India |
---|---|
Sector | Toll Roads |
Project Stage | Brown Field |
Investment Partner (Japanese Company) | Mitsubishi Corporation East Nippon Expressway Company Limited. (NEXCO-East) Japan Expressway International Company Limited. (JEXWAY) Japan Infrastructure Initiative Company Limited. (JII) |
Investment Partner (Foreign Company) | I Squared Capital International Finance Corporation (IFC) Abu Dhabi Investment Authority (ADIA) |
JOIN's Investment | Max. JPY 12.6 bn |
Date of Approval | December 2017 December 2019 |
Project Overview
Investment in the Indian toll road projects through the partial acquisition of Cube Highways and Infrastructure Pte. Ltd.
Significance
• Encourage the participation of Japanese companies for the first and full fledged investment in the road sector in India.
• Transfer of skills and know how of toll road operations.