Macquarie buys stake in Guangzhou toll road

Macquarie International Infrastructure Fund buys part of Guangzhou's Hua Nan toll road for Rmb$4 billion.

Given the increase in economic activity in China, logistics and transport is an obvious sector to invest in. Macquarie has followed that logic by buying a 31km stretch of the Hua Nan toll road in Guangzhou, one of ChinaÆs richest and most developed cities.

The deal was done via a 90% stake in South China Highway Development SCHD, a Hong Kong company. Macquarie International Infrastructure Fund MIIF is buying its stake in SCHD from Preciseway Management and Topwise Consultants....

To continue reading, please login or register for free

Click for more on: miif | macquarie | hua nan

Print Edition

FinanceAsia Print Edition

CONFERENCES