Finance / India
Orascom Infiltrates Infrastructure Market With Local Partnership
June 2010 | Corporate Financing AnalysisThe memorandum of understanding (MoU) between Egypt's Orascom Construction and India's HCC Infrastructure comes hot on the heels of the joint venture (JV) between Tata, Actis and Atlantia. The proliferation of such partnerships highlights that for foreign players to break the entry barrier in India's infrastructure market, partnering a strong local company is the way to do it. BMI maintains its core view that the plentiful opportunities in India's infrastructure market are hindered by barriers to entry, which could stymie growth potential.
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