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JEXWAY, together with NEXCO-East and Mitsubishi Corporation and Japan Overseas Infrustructure Investment Corporation for Transport & Urban Development (JOIN), acquired a portion of Cube Highways and Infrastructurte Pte Ltd (“Cube Highways”) shares in December 2018.

JEXWAY , together with NEXCO-East, has started providing techinical support to our partner Cube Highways and Transportation Asset Advisors which is a subsidiary of Cube Highways in order to contribute to promote high-quality road infrastructure in India.

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Local Partners

India’s Largest Portfolio of Toll Roads | Cube Highways(Website of Cube Highways)

Financial and Business Structure

※Cube Highways:Cube Highways and Infrastructure Pte Limited is a Singapore-based company established by ISQ and IFC, investing in road and highway projects along with other select infrastructure sectors in India.
In April 2021, Cube Highways and its other group companies collectively operate 28* roads and totally ~8,900 lane km and has become the longest toll roads operating company in India.
*includes assets under various stages of closing

※ISQ:I Squared Capital is a private equity firm focusing on global infrastructure investments.The company invests in energy, utilities, transport and telecom projects in North America, Europe and select high growth economies.

※IFC:The International Finance Corporation is an international financial institution and a member of the World Bank Group that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries.

※ADIA:The Abu Dhabi Investment Authority (ADIA) is a sovereign wealth fund owned by the Emirate of Abu Dhabi (in the United Arab Emirates) founded for the purpose of investing funds.

※Japanese Consortium:Japanese Consortium formed by Mitsubishi Corporation, Overseas Transportation and Urban Development Project Support Organization (JOIN), NEXCO East, and JEXWAY to acquire Cube Highways’shares

※JOIN(Japan Overseas Infrustructure Investment Corporation for Transport & Urban Development ):JOIN is a new form of infrastructure investment fund that supports Japanese companies engaging in overseas infrastructure projects through the utilization of Japanese knowledge, technology and experience acquired over the long history of their business.

Location of 5 toll roads acquired by Cube Highways.

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