StockMarketWire.com - John Laing said it had acquired a 30% stake in the Ruta del Cacao road project in Colombia for £62m.

The company also said it had invested £13m for a 35% stake in the Hurontario Light Rail Transit project in Canada.

Hurontario Light Rail Transit consisted of an 18km line connecting municipalities in the Greater Toronto and Hamilton Area and would improve connectivity within and between the two districts, the company said.

Total investment commitments to date were £157m, it added.

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