Infrastructure investments increase by 25 per cent in 2019
POWER & RENEWABLE ENERGY

Infrastructure investments increase by 25 per cent in 2019

Investments in infrastructure in India reportedly increased to $28.74 billion by about 25 per cent in 2019 as against $22.91 billion in 2018. The year 2019 witnessed the highest share of infrastructure investments since 2016. However, as reported, the number of deals dropped from 64 to 58.

In 2019, the sale of Sadbhav Engineering’s nine road projects to an InvIT backed by Canada Pension Plan Investment Board (CPPIB) for $993.5 million is known to have led the investment flow.

Of the total investments received in infrastructure, as reported, the energy sector received 31 per cent; power received 25 per cent and transport 24 per cent.

Further, infrastructure investment trusts (InviTs) also received a boost in the year – the sector saw the number going up to from just one in 2018 to eight in 2019. In fact, reports indicate that more infrastructure trusts are expected to be set up as investors are looking at InvITs as the preferred route for investments.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Investments in infrastructure in India reportedly increased to $28.74 billion by about 25 per cent in 2019 as against $22.91 billion in 2018. The year 2019 witnessed the highest share of infrastructure investments since 2016. However, as reported, the number of deals dropped from 64 to 58. In 2019, the sale of Sadbhav Engineering’s nine road projects to an InvIT backed by Canada Pension Plan Investment Board (CPPIB) for $993.5 million is known to have led the investment flow. Of the total investments received in infrastructure, as reported, the energy sector received 31 per cent; power received 25 per cent and transport 24 per cent. Further, infrastructure investment trusts (InviTs) also received a boost in the year – the sector saw the number going up to from just one in 2018 to eight in 2019. In fact, reports indicate that more infrastructure trusts are expected to be set up as investors are looking at InvITs as the preferred route for investments.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement