IJM's strategy for India

PETALING JAYA: IJM Corp Bhd’s move to increase stakes in two India-based companies for RM93.4mil is part of its strategy of increasing investments in infrastructure assets in high-growth emerging markets, says chief executive officer and managing director Datuk Krishnan Tan (pic).

He said IJM had been expanding its portfolio of such assets, particularly in India where IJM currently had five toll road concessions, including a minority stake in Swarna Tollway, which was its first toll road investment in that country.