VINCI Highways, a subsidiary of VINCI Concessions, has signed an agreement with Macquarie Asia Infrastructure Fund 2, which is managed by Macquarie Asset Management, to acquire the Safeway Concessions portfolio, comprising nine toll highway concessions in the States of Andhra Pradesh, in southeast India, and Gujarat, in the west of the country.
These nine concessions total nearly 700 kilometers (435 miles) of highway sections located on key axes of the national network, linking important industrial, agricultural and logistics areas: the sections in the State of Andhra Pradesh are located on the NH-16 corridor, part of the "Golden Quadrilateral" linking Kolkata to Chennai, one of the country's main transport routes. Gujarat's assets serve one of India's most industrialized States.
These highways are operated under TOT (Toll Operate Transfer) contracts with the National Highway Authority of India (NHAI), with contractual maturities ranging from 2048 to 2058. The concessi
