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The winning bidder for the North East Link PPP will design and build twin tunnels under the Yarra River and assume responsibility for maintaining a stretch of road for up to 25 years.
Indian road in Mumbai
The public agency should consider launching a new BOT model to speed up privatisation and tackle its $24bn in debt, ratings agency ICRA says.
Indian road in Mumbai
Indian developer IRB will transfer nine operational and under-construction assets spanning 1,200km to an investment infrastructure trust.
The country’s companies ‘are in reasonably good financial shape’, despite slowing economic conditions across the Asia-Pacific region, according to S&P Global Ratings’ Parvathy Iyer.
Indinfravit India roads
Indian road developer SIPL will own 10% of the infra investment trust alongside CPPIB, Allianz Capital Partners, OMERS and trust sponsor L&T IDPL.
direct road straight
Nicola Palmer and Michael Allen of Arcus Infrastructure Partners explain how decarbonisation, demographic shifts and technology are creating new opportunities for transport infrastructure.
Growth in the US transport sector this year will be moderate and stay in lockstep with the country’s GDP, according to Fitch Ratings. The company, in a report published on Monday, predicted “mostly stable” growth in airports, toll roads and ports, citing in all cases a strong commercial and consumer economy. However, the ratings agency […]
The government will assume 40% of the construction costs, while I Squared's Indian roads platform and Indian developer KNRC will assume the remaining 60%.
Macquarie Capital has settled a lawsuit with Syncora Guarantee for $38m, following accusations of using inflated projections to secure a toll road acquisition. We find the pre-crisis deal offers some valuable lessons for the transportation industry.
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