# Safeway Concessions acquired the rights to operate nine highways spanning nearly 700 kilometres across Andhra Pradesh and Gujarat in 2018.

*business · news · 2026-04-07 · Livemint*

## Key points

- Vinci is set to acquire Safeway Concessions' nine highways in India for nearly $2 billion.
- Vinci plans to establish a dedicated India unit for these assets, avoiding InvIT structures.
- Macquarie's sale of Safeway reinforces the viability of India's TOT model for global investors.
- NHAI has identified 24 assets for monetization, potentially raising ₹21,000-24,000 crore in 2025-26.
- Icra projects 7-9% toll collection growth in 2025-26 due to rising toll rates and traffic.

**Companies:** Macquarie, Vinci, KKR, BlackRock, CDPQ, EAAA India Alternatives Ltd, Safeway Concessions, Global Infrastructure Partners, Vertis Infrastructure Trust, Cube Highways, PNC Infratech Ltd
**Countries:** India, Canada, Singapore

[Read the full story on Livemint](https://www.livemint.com/industry/infrastructure/vinci-macquarie-india-toll-roads-deal-infrastructure-investment-11775551772486.html)

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