Andhra Pradesh Urban Infrastructure Asset Management Limited (APUIAML)

About Andhra Pradesh Urban Infrastructure Asset Management Limited (APUIAML)

Andhra Pradesh Urban Infrastructure Asset Management Limited (APUIAML) is an unlisted Public Company, a joint venture of the Government of Andhra Pradesh (GoAP) and IL&FS Investment Managers Ltd (IIML). GoAP holds 49% stake in the venture and IIML holds 51% stake. APUIAML was formed with the objective of attracting investment for financing and management of urban infrastructure projects in the State. Since its inception, APUIAML assists GoAP in preparing and structuring infrastructure projects in urban, industrial, social and tourism sectors on commercially viable models, as well as raise financial resources for the respective ULBs and their projects through AP Urban Development Fund (APUDF) or financial institutions.