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Sovereign Wealth Funds Briefing - Categorized | Investment

CIC seeks to acquire Aussie turnpike

Posted on 21 September 2011

Horizon Roads, a consortium of global institutional investors, plans to take a stake in a Melbourne toll road as its developer exits the project. Korea’s National Pension Service (NPS) and China Investment Corporation (CIC) are among a consortium of global institutional investors reportedly acquiring a $2.4 billion stake in an Australian toll road.
The consortium, named Horizon Roads, plans to invest in Eastlink, a highway that runs through the eastern suburbs of Melbourne……………………………………….Full Article: Source


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