With an agenda to attract investment in India, the IIFCL has organised a one-on-one discussion of Indian infra developer with Korean investors. The Korean delegation was led by Kim Kyung Wook, Assistant Minister, Ministry of Land, Infrastructure and Transport, Republic of Korea and Song, Byung Hak, Managing Director, KDB Infrastructure Investment Asset Management Co Ltd.
The delegation comprised of senior members of the Ministry of Land, Infrastructure and Transport, Republic of Korea and business leaders from leading Korean companies.
While welcoming the delegation, Sanjeev Kaushik, Deputy Managing Director IIFCL, gave a brief overview of the Indian infrastructure space and the role played by IIFCL. At the event, leading Indian infrastructure developers like Adani, Tata, Navyuga, Essel etc. made presentations on port sector, smart cites, power sector and renewable energy, etc. While highlighting their own investment plans, the developers also showcased the potential business opportunities that the industry offers to the visiting delegation. Indian Port association made a presentation about opportunities arising in India in the port sector.
In the meantime, SB Nayar, Chairman and Managing Director, IIFCL, highlighted India as an investment destination with vast potential for investment in infrastructure sector, particularly in railways, warehouses, logistics, waste to energy, agriculture, infrastructure, water supply, etc.
The visiting minister highlighted that IIFCL with its credibility among the foreign investors can contribute to reducing the information asymmetry and can play a significant role in providing necessary information and business opportunities particularly in PPP space.