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NHAI's Historic InvIT Monetization: A New Era for India's Road Infrastructure?
India is accelerating infrastructure investment through mechanisms like Infrastructure Investment Trusts (InvITs), enabling asset monetization without relinquishing ownership. The National…
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India Ratings Rates National Highways Infra Trust’s Proposed Zero-Coupon Bond ‘IND AAA’/Stable; Affirms Existing Ratings
NHIT, sponsored by NHAI, manages a diversified InvIT portfolio of 13 operational toll road assets spanning over 2,500 lane km across nine Indian states. As of FY24, InvIT fundraising exceeds ₹26,000…
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National Highways Infra Trust
National Highways Infra Trust (NHIT), sponsored by the National Highways Authority of India (NHAI), was established in 2020 as an InvIT under SEBI regulations. The Trust is managed by National…
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InfraCredit - Unlocking Long Term Infrastructure Finance in Nigeria
Nigeria requires over US$3 trillion in infrastructure investment over the next 30 years. InfraCredit, established in 2017 by GuarantCo and the Nigerian Sovereign Investment Authority (NSIA),…
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Jasa Marga (Persero) TBK PT
PT Jasa Marga (Persero) Tbk is Indonesia’s leading toll road developer and operator, engaged in planning, construction, operation, and maintenance of toll roads. The company manages…
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INA Interested in Acquiring 35% Shares in Jasamarga Transjawa Toll Road
Indonesia Investment Authority (INA) is in talks to acquire a 35% stake in PT Jasamarga Transjawa Tol (JTT), operator of the 676 km Trans-Java toll network, representing 56% of Jasa Marga Group’s…
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Contract Signed for the Sale of 49% of Oman’s Electricity Transmission Network
On December 15, 2019, Oman’s Nama Holding signed an agreement to sell a 49% stake in Oman Electricity Transmission Company (OETC) to State Grid International Development Ltd. (SGID), a subsidiary of…
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Government Approves Air India Disinvestment Tatasons’ SPV – Talace Pvt Ltd - Wins Bid for Air India
On 8 October 2021, India’s Cabinet approved the sale of 100% equity in Air India to Talace Pvt Ltd, a Tata Sons subsidiary, for an Enterprise Value of ₹18,000 crore. The bid includes Air India’s…
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Road Projects under TOT Model
As of July 2019, India’s Ministry of Road Transport & Highways identified approximately 6,400 km of national highways for monetization under the Toll Operate Transfer (TOT) model. TOT Bundle…
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Indian Airports Performing Better in Private Hands: NITI Aayog
The National Highways Authority of India (NHAI) implements the Toll Operate Transfer (TOT) model as a mechanism for monetizing publicly funded national highways. Through this model, the right to…
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Thailand Future Fund (TFFIF)
Thailand Future Fund (TFF), initiated by the State Enterprise Policy Office (SEPO), offers an alternative infrastructure financing mechanism beyond government borrowing and PPPs. TFF securitizes…
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PPP Center of the Philippines - PPP Project Dashboard
The website of the PPP Center of the Philippines - PPP Project Dashboard.
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Cebu Airport Expansion Clears Path for Future Large-Scale PPPs in Philippines
The PHP33 billion ($747 million) Mactan Cebu International Airport expansion project marks the Philippines’ first large-scale PPP to reach financial close under the Aquino administration. …
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Signing Ceremony, Ninoy Aquino International Airport (NAIA) Concession Agreement - Scott Morris
At the NAIA concession agreement signing, ADB Vice-President Scott Morris celebrated the launch of the Philippines’ largest solicited PPP in 25 years. He praised the government’s commitment to…
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SMC-SAP & Company Consortium Signs NAIA PPP Concession Agreement, First PPP Contract to Be Awarded Since Effectivity of PPP Code
On March 18, 2024, the Department of Transportation (DOTr) and MIAA signed a ₱170.6 billion concession agreement with the SMC-SAP & Company Consortium—now New NAIA Infra Corp.—for the NAIA PPP…
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Infrastructure Priority List
The Infrastructure Priority List, aligned with the Australian Government’s investment priorities, identifies unfunded, nationally significant infrastructure proposals ready for planning or delivery.…
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Restart NSW
Established in 2011, the Restart NSW Fund finances high-priority infrastructure projects to enhance economic growth and productivity across New South Wales. Funded through the State’s asset…
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TransGrid, Australia
In December 2015, a consortium led by Hastings Fund Management acquired a 99-year lease of TransGrid, New South Wales’ electricity transmission network, for A$10.3 billion—the largest project finance…
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Australia Sold the Port of Melbourne Lease to a Consortium Including Foreign Investors
On 19 September 2016, the Government of Victoria formally designated the Lonsdale Consortium as the leaseholder for the Port of Melbourne. As the nation’s largest container and cargo port, the…
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Infrastructure NSW
Established in 2011 by the New South Wales Government, the Restart NSW Fund finances high-priority infrastructure projects aimed at boosting economic growth and productivity. Funded through the…
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Credit Rating Agencies and Sovereign Debt: Four Proposals to Support Achievement of the SDGs
The COVID-19 pandemic heightened fiscal strain in developing countries, triggering disproportionate sovereign credit downgrades and discouraging participation in debt relief programs. Three key…
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The Launch of Thailand Future Fund
Thailand Future Fund (TFF), initiated by the State Enterprise Policy Office (SEPO), offers an alternative infrastructure financing mechanism beyond government borrowing and PPPs. TFF securitizes…
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Review of the National Partnership Agreement on Asset Recycling (2018)
The National Partnership Agreement on Asset Recycling (NPA) was initiated on 2 May 2014 and concluded on 30 June 2019. This agreement was established to help alleviate fiscal limitations faced…
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Review of the National Partnership Agreement on Asset Recycling (2019)
The NPA aimed to reduce funding constraints, boost economic activity, and enhance productivity through incentive payments for state asset sales reinvested into infrastructure. The review found…
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Project Evaluation Summary: Sydney Metro City and Southwest
The Sydney Metro City & Southwest is a 30.5 km metro rail project extending from Chatswood to Bankstown, including new underground stations and a second harbour rail crossing. Aimed at…