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Memorandum of Understanding between India and United Arab Emirates to mobilise long term investment into the National Investment and Infrastructure Fund

News and Press Release - Dated:- 25-3-2016 - The Union Cabinet chaired by the Prime Minister Shri Narendra Modi gave its ex-post facto approval for a Memorandum of Understanding (MoU) between India and the United Arab Emirates (UAE) signed on 11th February, 2016 to mobilise long term investment into the National Investment and Infrastructure Fund (NIIF). The objective of NIIF is to maximize economic impact mainly through infrastructure development in commercially viable projects, both greenfield .....

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