GIC to invest $621m in Indian toll road assets
Singapore’s GIC Private has agreed to invest up to INR44 billion ($621 million) in nine toll road assets controlled by Indian private road and highway firm IRB Infrastructure Developers.
The portfolio includes around 1,200 kilometers of road projects in Haryana, Uttar Pradesh, Rajasthan, Gujarat, Maharashtra, and Karnataka, located along economic corridors and in tourist hubs. Three of...
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