Ascendas joints hands with MADC

Singapore: Business space developer Ascendas is growing its presence in India.
It has announced plans for two new major business parks in the state of Maharashtra.
Ascendas said it expected to invest some S$570 million to develop the parks in phases over the next five to seven years.
The two parks are expected to create a total of 7 million square feet of top-end IT space when completed.
Both projects are joint ventures with government agencies in Maharashtra.
The project in Pune is a joint venture with the Maharashtra Industrial Development Corporation.
The second tie-up in Nagpur is with the Maharashtra Airport Development Company.
18/04/07 Loh Kim Chin/Channel News Asia

To Read the News in full at Source, Click the Headline

Categories: Airports Apr 2007, Foreign Apr 2007