India Investment Summit to focus on infra sectors
Aimed at attracting long-term foreign capital in the country, the Finance Ministry in partnership with SBI Caps is organising a two-day India Investment Summit on February 4-5, 2016. The event, which would be attended by a large number of long-term investors including sovereign wealth and pension funds businesses across the globe, will focus on investment opportunities in road transport, highways, ports, urban infrastructure, railways, power and renewable energy sectors and state-level projects. “For the two days, special focus would be on investment opportunities in the sectors of road transport, highways, ports, urban infrastructure, railways, power and renewable energy, besides state-level projects,” a government statement said. Arun Jaitley, Minister of Finance, will be the chief guest and the last day of the event is expected to see focused meetings with investors in various formats on state-specific governmental and other projects. A booklet containing the list of possible infrastructure projects for funding will also be released during the Summit. The government has already established the National Investment and Infrastructure Fund (NIIF) to facilitate funding of infra projects in the country. The objective of NIIF is to maximise economic impact mainly through infrastructure development in commercially viable projects, both greenfield and brownfield, including stalled projects.
January 28, 2016 | 04:00pm IST
to success.