About TranAsia Infrastructure Group

TransAsia was founded in 2000 for the development, financing, implementation, management, and operation of infrastructure projects in Asia, focusing on transportation infrastructure. These projects are typically structured as public-private partnershps (PPPs) between the private sector and the Governments/, public sector and also involve other stakeholders such as users, regulators, banks, financial institutions and investment funds.

Around the world, infrastructure needs have rapidly escalated and in many countries far exceed conventional public sector funding resources. Private sector participation is thus being increasingly sought in the PPP framework to deliver new infrastructure facilities in a timely and cost effective manner. This situation is expected to remain unchanged for many years to come and this provides the rationale for TransAsia’s focus on PPP infrastructure projects.

TransAsia's Vision
To improve Asian infrastructure conditions in the Twenty-first Century through development of innovative public-private partnerships.

TransAsia's Mission
To become a premier infrastructure developer in Asia with a focus on transportation and urban infrastructure through a unique combination of innovation, experience, commitment and capital.

TransAsia's Goals

  • Develop and Invest in Asian transportation infrastructure including highways & bridges, airports, ports, rail transit, and multi-modal transport systems, as well as urban infrastructure.
  • Provide integrated asset management services for infrastructure projects, including program management, operations & maintenance.
  • Achieve acceptable levels of return on investment for infrastructure projects by innovating and optimizing project delivery, management and financing mechanisms.

TransAsia's focus is on providing mobility for people and goods, through land, water and air. This is based on the fact that, across the globe, four trillion dollars would be needed over the next decade to cater to the transportation demands of a rapidly shrinking globe. Connectivity enhancement, through better transportation infrastructure, would lead to major benefits including enhanced trade and commerce, as well as huge savings of fuel and time, besides a better environment.

TransAsia's flagship landmark project is the 6.1 kms long six-lane Second Vivekananda Bridge (SVB) Tollway on NH-2 - including the 880-m long Nivedita Bridge across the River Hooghly near Kolkata, India. TransAsia, and its Founders, have been associated with this project since its initial planning and feasibility assessment stage. Subsequently, TransAsia was instrumental in putting together the winning consortium when the project was bid out as one of the early national highway PPP projects in India. Following the execution of the concession agreement in September 2002, TransAsia was actively involved in the implementation and financing of the project as the Program Management Consultant, co-ordinating with the National Highways Authority of India, the State Government, design consultants and the contractors. TransAsia’s success in this role is amply evident from the completion of construction in 39 months, with tolling operations commencing in July, 2007.

TransAsia continues to play the leading role in operation and maintenance of the asset since the commencement of commercial operations in 2007, besides successfully managing the exit of the initial set of investors and induction of a new investor. SVB Tollway is India's largest Build-Operate-Transfer (BOT) bridge with the largest Foreign Direct Investment in eastern India in the transport sector. Total project cost, all inclusive, exceeds Rs. 10,000 million (US$ 200 million).

Some of the salient attributes of the SVB Tollway are:

  • Major connectivity between NH-2 & NH-6 in the west with NH-34 & NH-35 in the east.
  • Fast & efficient 6-km, 6-lane link between twin cities of Kolkata and Howrah across the river Hooghly.
  • Seamless drive from Kolkata Airport to Howrah, Dankuni, Singur, Burdwan & Durgapur on the 8-kms, 4-lane Belghoria Expressway and across the SVB Tollway.
  • world's first single-plane multi-span extra-dosed cable stayed bridge built in record time of 39 months.
  • National icon which has won an International Award for Excellence in 2007 from the American Segmental Bridge Institute (ASBI).

TransAsia is actively pursuing opportunities to take up projects in the infrastructure PPP space. In partnership with other players, TransAsia has bid for several National Highway projects in India, gaining in the process valuable experience in this area. TransAsia's professional approach has allowed it to avoid the kind of irrational bids for National Highway PPP projects that has led to the current situation where many successful bidders are finding it impossible to achieve financial closure for National Highway PPP projects won on the basis of unviable bids. In view of the resultant slowdown in the bidding out of National Highway PPP projects in India, TransAsia is looking at the acquisition of operational road projects in India and South East Asia.

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