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    IL&FS Transportation and East Nippon Expressway join forces to take up road projects

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    NEXCO logo
    NEXCO logo

    IL&FS Transportation Networks Limited has signed a Memorandum of Understanding (MoU) with East Nippon Expressway Company Limited to work together through a strategic alliance for implementation of PPP road projects. The alliance aims at utilizing Japanese technology and funds to carry out technical and prefeasibility studies, and other related works of potential road projects in India for implementation.

    Mr. K Ramchand, Managing Director on behalf of ITNL and Mr. Hiroshi Hirose, President & CEO was the signatory on behalf of the NEXCO in the presence of Mr. Ravi Parthasarathy, Chairman IL&FS group. Mr. Hirose and Mr. Ravi Parthasarathy stated that this MoU was an extension of the increasing industry level partnership being promoted by the two countries.

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