Temasek discusses Indian roads fund
Singapore SWF Temasek Holdings is in talks with Indian authorities to create a fund of up to $2 billion to finance opportunities in the Subcontinent's roads and transport sector, according to Kamal Nath, the country's Minister for Road Transport and Highways.
The exact degree of progress on the plans is unclear, since Nath's ministry is apparently at an early stage of talks, and Temasek has yet to decide whether to fund projects directly or create holding vehicles....
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