Our developer business began in the fiscal year 2014 and was a
natural
extension of our competencies in the civil and infrastructure
construction businesses. Development projects are usually undertaken
on
a public private partnership basis with the Government and are
typically
awarded after qualifying through a competitive bidding process.
Developer business segment includes:
1. Industrial Parks
2.Transportation (including terminals)
3. Integrated Townships
4. Energy
Each of the entities that comprise the company's developer business
is a
special purpose vehicle formed for the development of a single
project
and most of them are jointly controlled by the Government and the
company.
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