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Fairfax to list Anchorage, its vehicle for airport and other infra funding

Bangalore Airport reports $66.8 million loss against in 2020 against profit of $53.8 million in 2019

Fairfax Financial Holdings, Prem Watsa, Fairfax, Watsa
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Fairfax Financial Holdings Chairman and CEO Prem Watsa

T E Narasimhan Chennai
Indian born Canadian billionaire Prem Watsa-owned Fairfax India is planning to list Anchorage Infrastructure, its flagship investment vehicle for airports and other infrastructure investments in India. Meanwhile, Fairfax controlled Bangalore International Airport (BIAL) to invest around $2.2 billion to create infrastructure to handle around 90 million passengers by 2034.

In a letter to the shareholders Prem Watsa, chairman, Fairfax said that since its inception in June 2019, Anchorage has actively participated in bidding for Indian airports’ and railway stations’ privatisation processes.

“It continues to look for unique and value-accretive infrastructure and allied businesses. We have also started the preparation work