VINCI Concessions a republié ceci
VINCI Highways signs an agreement to acquire a 51% majority stake in HKR Roadways Limited, a company holding the concession contract for the SH1 highway in Telangana, India. The contract, valid until 2041, is with the Telangana state government. Upon finalisation of the transaction, VINCI Highways is expected to invest approximately €40 million in equity. Commissioned in 2014, the SH1 highway spans 206 km, providing a critical transportation link between the state capital, Hyderabad (population of 11 million), and the northeastern region of Telangana. The acquisition is expected to be finalised by end-2024, subject to approval from the relevant authorities. To learn more: https://lnkd.in/ekK79NY7 #PositiveMobility #VINCIHighways VINCI Concessions ViaPlus #India #RoasConcession #IndiaInfrastructure #SH1Highway Belen Marcos Richard Arce Julien GUERY