IL&FS selected to buy a concession stake in China
Date
December 07, 2011
Subscribe to our newsletter and get the latest news and business opportunities in your inbox
ILFS Transportation Networks Ltd has been selected as the preferred bidder for the acquisition of 49 per cent equity interest in Chongqing Yuhe Expressway Co Ltd, which operates 58 km of Yu He Expressway in Chongqing in Southwest China, with toll concession rights till 2032.
The company had earlier submitted its Expression of Interest to the Chongqing Expressway Group Company Ltd in this regard.
Remember that ILFS has all the following road projects in India:
Follow us:
- Linkedin group (more than 1,500 members)
- PPP News on Twitter (more than 670 followers)
- Facebook
