UAE targets $ 75 b

unnamedUAE aimed at reaching a target of $ 75 billion to support investment in India’s plans for expansion of infrastructure in railways, ports, roads, airports and industrial corridors and parks and entail Indian companies to participate in infrastructure development in the Arab nation. UAE has decided to promote partnership in the energy sector, petroleum reserves, upstream and downstream petroleum sectors and collaboration in third countries. India has been recognized as a new frontier of investment with its new initiatives to encourage institutions of UAE to raise investments in India, including through the UAE-India Infrastructure Investment Fund. The Emirates nation  seeks a target of increasing trade by 60 percent in five years as well tap India’s expertise in Small and Medium Enterprises to create an industrial base in UAE, which could also benefit Indian enterprises. Crown Prince Mohamed Bin Zayed AI Nahyan and Prime Minister Narendra Modi shared responsibility to chart a new course in partnership for the 21st century.

Medaram Jathara

Connect with us

© 2012 - 2016 VIL Media Pvt Ltd. All rights reserved,
Contents of are copyright protected.Copy and/or reproduction and/or re-use of contents or any part thereof,
without consent of VIL Media is illegal.Such persons will be prosecuted.