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Cube looks to sell 25% stake, explores InvIT Premium 2 min read Share Via Read Full Story Cube Highways, one of India’s largest private sector operators of toll roads, is looking to sell around 25% stake in the company and is also exploring an infrastructure investment trust (InvIT), said two people aware of the development. Citibank and JPMorgan are advising Singapore-based Cube Highways, which operates 27 highways totalling 8,400 lane km, the people said on condition of anonymity. Cube Highways counts private equity firm I Squared Capital, International Finance Corp. (IFC), Abu Dhabi Inve...

P3A & NHA collaborate on development of Sialkot-Kharian Motorway Project February 12, 2021 ISLAMABAD, Pakistan: The Public-Private Partnerships (PPPs) in the Road Sector are an established mode of service delivery worldwide. Pakistan also has been successful in attracting significant Private Sector participation in building and operating road infrastructure on a PPP basis. The Public-Private Partnership Authority (P3A) has the mandate to facilitate Federal Implementing Agencies (IA) in developing, structuring, and procuring their infrastructure projects on a PPP basis, and under the P3A (Amen...

A total of 37 bike racks can be used by passenger cyclists for free at Metro Rail Transit 3 (MRT-3) stations.

IIT Roorkee has collaborated with the Minister of Road Transport & Highways, MoRTH to focus on research and development, teaching & training for the Development of Highway Infrastructure.

Funding holds key to accelerated growth, says ICRA