Source: The Financial Express

KOLKATA, MAY 17 : Trans-Asia Infrastructure Holding Llc of the US will raise Rs 4000 crore via internal acruals to finance and construct infrastructure projects in northern India and West Bengal.

Trans-Asia, a joint venture partner of the Pacific Alliance Stardec Group Infrastructure Company Llc (PASGIC Llc), is engaged in constructing the 880-metre second Vivekananda Bridge near Kolkata.

"We will raise a $1 billion infrastructure fund by the end of this year to invest in projects in north India, and especially in West Bengal," said Jay Ved, co-chairman of the Second Vivekananda Bridge Tollway Company (SVBTC).

Full Story...

Posted by pichu at May 17, 2007 10:32 PM