New Delhi, Nov 20 (PTI) State-owned NHAI on Thursday said it is in the process of establishing Raajmarg Infra Investment Trust (RIIT) as a Public InvIT to unlock the monetization potential of National Highway assets.

A Public Infrastructure Investment Trust (InvIT) is an investment vehicle that enables retail investors to directly invest in and earn income from a pool of operational infrastructure projects.

Units of public InvITs are listed and traded on stock exchanges such as the National Stock Exchange (NSE) and BSE, similar to mutual funds or equities.

As part of this initiative, NHAI has incorporated Raajmarg Infra Investment Managers Pvt Ltd (RIIMPL) as the Investment Manager for the proposed InvIT, according to an official statement.

RIIMPL is a collaborative venture with equity

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