Private infrastructure investor ROADIS and the national investment and infrastructure fund (NIIF) have come together to create a platform for investing up to $2 billion in road projects in India.

Private infrastructure investor ROADIS and the national investment and infrastructure fund (NIIF) have come together to create a platform for investing up to $2 billion in road projects in India. The platform will target Toll-Operator-Transfer (TOT) model, acquisition of existing road concessions and potential investment opportunities in the roads sector.
The Indian government introduced the TOT model for monetisation of publicly-funded highways. Under the model, investors make a one-time lump sum payment in return for long-term toll collection rights backed by a sound tolling system. “This agreement, which aligns with our growth strategy, strengthens our long-term commitment to India. NIIF is a partner that fits our profile given its commitment to infrastructure investment and the standards it follows,” said José Antonio Labarra, CEO, ROADIS.
With 710km of highways under ownership and management, ROADIS claims to be the largest European highway concession manager in India. It currently manages 1,892km of highways.