Friday, December 25, 2015

AAI signed MoU with IL&FS to bolster overseas expansion

Airports Authority of India (AAI) has have signed a memorandum of understanding (MoU) with infrastructure giant IL&FS’ subsidiary IL&FS Global Financial Services to help it spread its wings overseas.
  • By signing MoU with IL&FS, AAI would be getting an opportunity in identification of airport development opportunities, transaction structure and financingfacilities in Middle East, Africa regions as well as in CIS countries.
Key points :
  • IL&FS Global Financial Services CEO : Murugan Sankaran.
  • AAI chairman : R K Srivastava

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