Andhra Pradesh Urban Infrastructure Asset Management Limited (APUIAML)

Importer · India

Urban Infrastructure Asset Management

About Andhra Pradesh Urban Infrastructure Asset Management Limited (APUIAML)

Andhra Pradesh Urban Infrastructure Asset Management Limited (APUIAML) is a joint venture between the Government of Andhra Pradesh (GoAP) and IL&FS Investment Managers Ltd (IIML), with GoAP holding a 49% stake and IIML holding 51%. Established in 2016, the company aims to attract investment for financing and managing urban infrastructure projects in the state. APUIAML assists GoAP in preparing and structuring infrastructure projects in urban, industrial, social, and tourism sectors on commercially viable models, as well as raising financial resources for respective Urban Local Bodies (ULBs) and their projects through the AP Urban Development Fund (APUDF) or financial institutions.