India

Brown-field State Road Project

Country India
Sector Toll Roads
Project Stage Brown Field
Investment Partner (Japanese Company)

JFE Engineering Corporation

Investment Partner (Foreign Company)

DP Jain

JOIN's Investment Approximately JPY 0.5bil
Date of Approval

February 2024

Project Overview

Investment in road concession projects in India through the partial acquisition of four state road operators and the establishment of a new management company.

Significance

・Supporting the first Japanese engineering company to enter the overseas road concession market.
・Developing opportunities for Japanese companies to enter India's infrastructure market, by establishing a precedent of application of Japanese technologies and know-how to local road operation and management

Investment Scheme

Project Location