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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

India, Temasek seek road fund

Posted on 09 June 2010

From WSJ: India is negotiating a US$2-billion fund ($2.8-billion) with Singapore investment company Temasek Holdings for infrastructure projects in the world’s second-fastest growing major economy, India’s Minister for Road Transport and Highways said.
“It’s a good investment opportunity, and they are looking at it,” Mr Kamal Nath said an interview with Dow Jones Newswires. “They have to look at whether they fund individual projects or set up some holding structures.”……………………………………….Full Article: Source

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