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Article: BRIEFING - ASIA INFRASTRUCTURE - JUNE 18, 2009.
- Article from:
- AsiaPulse News
- Article date:
- June 18, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on infrastructure for June 18, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
AUSTRALIAN INFRA FUND EYES SELLING AIRPORT STAKES TO RAISE FUNDS
SYDNEY - The Australian Infrastructure Fund (AIF) (ASX:AIX) says it is considering selling its interest in Melbourne and Launceston airports and may acquire a stake in Cairns and Mackay airports, as it seeks to raise A$211 million (US$167.76 million) to pay off debt.
The transport investment group said that while economic conditions had been difficult, the performance of ...