NEW DELHI, June 9: With a view to attracting more investments from Qatar, India signed an Memorandum of Understanding (MoU)s with Qatar Investment Authority (QIA) to study investment opportunities in the infrastructure sector in India. The MoU was signed between Abdullah Bin Mohamed Al Thani, CEO of QIA and Amar Sinha, Secretary (Economic Relations), Ministry of External Affairs on behalf of National Investment and Infrastructure Fund (NIIF) during Prime Minister Narendra Modi’s visit to the country, the Finance Ministry said in a statement today.
The objective of the MoUs is to facilitate QIA to study investment opportunities in the infrastructure sector in India and develop a framework for exchange of information with regard to such investments opportunities, in order to enable both sides to decide on joint investments, it added. The NIIF shall share with QIA a pipeline of investment opportunities available in the infrastructure sector in India. (UNI)
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