India and the United Arab Emirates (UAE) are set to start a $75 billion fund to invest in Indian infrastructure projects. The announcement came during Prime Minister Narendra Modi´s two-day visit to UAE. Modi told investors in Abu Dhabi India needs as much as $1 trillion for investments in sectors ranging from energy to tourism. A joint statement released by the two governments stated UAE would help India develop strategic petroleum in addition to its upstream and downstream petroleum sectors. A target has been set to increase bilateral trade by 60 per cent in the next five years.
FlashNews:
IIFCL Launches Strategic Document to Support Green Infra
REC Reports Record Half-Yearly Profit of ₹74.48 Billion
RAHSTA to submit policy recommendations to NHAI
Roads & Highways Builders book RAHSTA Expo
Are Projects facing a 90 percent barrier?
RAHSTA Forum sets the stage for groundbreaking discussions in roads infra
NBCC sells office/commercial space worth Rs. 14,800 Crore approx
RAHSTA Forum to kick off road and highway expo journey
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
Land Pooling Sinks under Flip Flops!
Gods or Demi-Gods cannot prevent a stampede
RAHSTA to showcase cutting-edge road construction tech, says NCC Director
RAHSTA will drive road construction innovation: Sundaresan
Trimble MD champions digital solutions for industry growth at RAHSTA
Vipin Sondhi: Indian infra booms with road construction opportunities
RK Pandey promotes safe road development at RAHSTA launch
RAHSTA to pave the way for innovation in road construction: AK Singh, NHAI
Road construction leaders launch RAHSTA Expo 2024 in Delhi
Road construction industry launches RAHSTA Expo 2024 in Delhi
Home » India, UAE to Start Multibillion Dollar Fund
India, UAE to Start Multibillion Dollar Fund
Infrastructure Finance
September 1, 2015September 1, 2015
Leave a Reply
You must be logged in to post a comment.