ROADIS and NIIF Form Road Venture in India
Posted on 04/04/2019
ROADIS is the infrastructure arm of Public Sector Pension Investment Board (PSP Investments). ROADIS and India’s National Investment and Infrastructure Fund (NIIF) formed a vehicle that will invest up to US$ 2 billion in road projects in India. This joint platform will invest equity in toll-operate-transfer (TOT) models, acquisitions of existing road concessions, and other investment opportunities in the road sector, as per a statement.