KUALA LUMPUR: UEM Group Bhd is looking into investing more in India's infrastructure development projects particularly expressways, which presents tremendous growth potential.
UEM Group Bhd group MD/CEO Datuk Izzaddin Idris said on Friday, March 4 the group would remain committed in India via its investments and also the provision of CONSTRUCTION [], technical and consultancy services.
'India is a key market for us as it has tremendous growth potential. Given the pace at which the Indian economy is growing, the creation and expansion of infrastructure networks and other sectors means the opportunities are limitless,' he said in New Delhi.
The UEM Group is taking part in the India-Asean Business Fair & Business Conclave 2011 which is from March 2 to 6.
The group is undertaking several projects in India mainly involving two of its core businesses of expressways and engineering and construction.
PLUS EXPRESSWAYS BHD [] is taking the lead in the expressways core business and it has a local presence in India via PLUS BKSP Toll Ltd. It also holds controlling stake in Indu Navayuga Infra Project Private Ltd, which holds the concession to the Padalur-Trichy highway in Tamil Nadu.
PLUS' associate in India, Jetpur Somnath Tollways Ltd has a concession for a four-lane expressway at the Jetpur-Somnath section in Gujarat. It will be under the design, build, finance, operate and transfer basis.
UEM said PLUS would continue to focus on India to market its expertise and experience in technical and consultancy services, toll operation and maintenance services.
As for UEM BUILDERS BHD [], which spearheads the group's engineering and construction operations, it is looking at various infrastructure development construction projects in India. It is involved in a building construction project in Mumbai and the Sushant Hitech Golf City in Lucknow.
''
UEM Group Bhd group MD/CEO Datuk Izzaddin Idris said on Friday, March 4 the group would remain committed in India via its investments and also the provision of CONSTRUCTION [], technical and consultancy services.
'India is a key market for us as it has tremendous growth potential. Given the pace at which the Indian economy is growing, the creation and expansion of infrastructure networks and other sectors means the opportunities are limitless,' he said in New Delhi.
The UEM Group is taking part in the India-Asean Business Fair & Business Conclave 2011 which is from March 2 to 6.
The group is undertaking several projects in India mainly involving two of its core businesses of expressways and engineering and construction.
PLUS EXPRESSWAYS BHD [] is taking the lead in the expressways core business and it has a local presence in India via PLUS BKSP Toll Ltd. It also holds controlling stake in Indu Navayuga Infra Project Private Ltd, which holds the concession to the Padalur-Trichy highway in Tamil Nadu.
PLUS' associate in India, Jetpur Somnath Tollways Ltd has a concession for a four-lane expressway at the Jetpur-Somnath section in Gujarat. It will be under the design, build, finance, operate and transfer basis.
UEM said PLUS would continue to focus on India to market its expertise and experience in technical and consultancy services, toll operation and maintenance services.
As for UEM BUILDERS BHD [], which spearheads the group's engineering and construction operations, it is looking at various infrastructure development construction projects in India. It is involved in a building construction project in Mumbai and the Sushant Hitech Golf City in Lucknow.
''
No comments:
Post a Comment