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FINANCIAL NEWS
India aims UAE investment in its rail network
08 Mar 2017
(MENAFN) India will invest USD140bn in its rail network in the coming five years, as stated the Indian Minister of Railways.
Accordingly, the minister also emphasized that his office has been in talks with UAE-based sovereign wealth funds.
In addition, India has requested the UAE government for a huge potential of investment that lies in Indian infrastructure, especially in the railways.
Moreover, the minister had good meetings with Mubadala and the Abu Dhabi Investment Authority (ADIA) and he hopes these issues would progress this year.
MENAFN0803201700450000ID1095299080
MENAFN0803201700450000ID1095299080
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