December 02, 2008

Malaysian UEM Builders to invest in infrastructure projects in India

It is reported that United Engineers Malaysia Builders, the wholly owned subsidiary of Khazanah National Berhad, has evinced interest to invest in infrastructure projects such as expressways, real estate and waste management projects.

UEM has already made investments of over INR 300 crore since its presence in India for the last 18 years. UEM has completed over 700 kilometer of roads with an investment of over INR 2,300 crore in UP, Karnataka, Kerala, Bihar, West Bengal, Gujarat, Andhra Pradesh, Tamil Nadu and Maharashtra.