Monday, January 30, 2012

Abu Dhabi fund to invest in infra

NEW DELHI: The Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds, has expressed keen interest in entering the Indian market and may invest in the country's key infrastructure sector. 
Sheikh Hamed bin Zayed Al Nahyan, managing director of ADIA, met commerce, industry and textiles minister Anand Sharma on Monday to discuss opportunities of investment in India. Both sides agreed to finalize a joint working group to expedite the process. "This is an opportunity to enter this huge market," Al Nahyan said. 
Link (submitted by Jordan)

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