Fourcee Infrastructure to raise funds from IFC

Fourcee Infrastructure Equipments Pvt Ltd, a liquid logistics company, is planning to raise around $25 million from the International Finance Corporation to support its capex of around $132 million. Fourcee will incur about $132-million capital expenditure in fiscal 2013 and 2014 that would see an increase in its container and rake capacity
Fourcee transports non-POL (petroleum-oil-lubricants) liquids such as chemicals, petrochemicals and molasses in internationally certified (ISO) tank

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