18.01.2012 - ADIA delegation meets Indian minister, explores investment opportunities in the Urban Sector
Abu Dhabi Investment Authority (ADIA) has expressed a keen interest in investing in Urban infrastructure sector in India. A delegation led by Sheikh Hamed bin Zayed Al Nahyan, Managing Director of ADIA met the Urban Development Minister Mr. Kamal Nath to discuss investment opportunities in the urban sector. Mr. Kamal Nath informed the delegation about the over whelming contribution of the urban sector in India’s growth story – accounting for around 60% of GDP which is likely to further increase to around 70% in the next decade. Over 70% of the new jobs shall be created in the urban centres. (Press Release)