{"id":107638,"date":"2022-08-02T10:04:15","date_gmt":"2022-08-02T08:04:15","guid":{"rendered":"https:\/\/newsroom.ferrovial.com\/?post_type=local_new&p=107638"},"modified":"2024-12-12T23:04:21","modified_gmt":"2024-12-12T22:04:21","slug":"cintra-participates-in-invits-infrastructure-conference-in-india","status":"publish","type":"local_new","link":"https:\/\/newsroom.ferrovial.com\/en\/local-news\/cintra-participates-in-invits-infrastructure-conference-in-india\/","title":{"rendered":"Cintra participates in InvITs & Infrastructure conference in India"},"content":{"rendered":"
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Cintra<\/strong>\u00a0participated in the\u00a0InvITs & Infrastructure<\/strong>\u00a0conference at the Four Seasons hotel in Mumbai (India) on 13 July.<\/p>\n

The conference was organized by\u00a0Resolut Partners<\/a>\u00a0and\u00a0PwC India<\/strong><\/a>\u00a0with the support and collaboration of\u00a0Asia Pacific Real Assets Association (APREA)<\/a>\u00a0and\u00a0Avener Capital<\/a>. The event was inaugurated by\u00a0Ashwani Bhatia<\/strong>, Whole-Time Member of the Securities and Exchange Board of India, and was attended by representatives of the main domestic and international investors, as well as the country’s leading banks, rating agencies, advisors and other actors in the infrastructure sector.<\/p>\n

Carlos Ugarte, Global Head of Corporate & Business Development at Cintra<\/a>,\u00a0was a keynote speaker. Addressing the theme\u00a0“Global Innovations in Road Development”<\/strong>,\u00a0Carlos\u00a0discussed the case study of the LBJ Express project in Texas as an example of the advantages for public administrations of using vertically integrated developers, i.e. companies capable of managing all phases of a project’s life cycle, from design and financing through construction to operation and maintenance.<\/p>\n

Carlos<\/strong>\u00a0also participated in a panel on the situation of the highway concession sector in India along with\u00a0Vivendra Mhaiskar<\/strong>, Chairman of IRB;\u00a0Debapratin Hajara<\/strong>, Senior Principal at Ontario Teachers’ Pension Plan); and\u00a0Sumit Sen<\/strong>, Partner at Actis. The panel debated the various forms of public-private partnership, among other issues. Cintra and IRB emphasized their shared enthusiasm for the new BOT (Build-Operate-Transfer) projects to be tendered with construction and traffic risk as these risks are best transferred to the private sector. In his speech,\u00a0Carlos Ugarte<\/strong>\u00a0pointed out that<\/p>\n

“In India there is room for all types of public-private partnerships, but the models with construction and traffic risk are undoubtedly the ones that best solve the government’s problems, since they also release public funds for other projects, such as improving and investing in public transportation”.<\/em><\/p><\/blockquote>\n <\/div>\n <\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":43,"featured_media":107635,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","nivel-2":[1134,1149,1152,1836,1166,1224,1915],"nivel-5":[1730],"nivel-1":[903],"nivel-3":[2338],"nivel-4":[],"class_list":["post-107638","local_new","type-local_new","status-publish","has-post-thumbnail","hentry","nivel-2-events","nivel-2-infrastructures","nivel-2-innovation","nivel-2-managed-lanes-en","nivel-2-mobility","nivel-2-urban-innovation","nivel-2-urban-mobility","nivel-5-cintra-en","nivel-1-highways","nivel-3-india-en"],"acf":[],"yoast_head":"Cintra 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