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Infrastructure investments increase by 25 per cent in 2019
23 Jan 2020
Investments?in?infrastructure?up by?25% in?2019, highest since 2016.?Investments?in Indian?infrastructure increased?by around?25 per cent?to $ 28.74 billion in?2019, highest since 2016.
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鈥檚 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 鈥� 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.
