GIC Singapore, the sovereign wealth fund of the island nation, is trying to scout for more opportunities in West Bengal. “After investing USD 32.5 million in Kolkata Riverside, a 262-acre township, the fund is looking for more opportunities here,” Bengal Finance Minister Amit Mitra told PTI.
The GIC-invested PE fund, sponsored by HDFC Property and domiciled in Singapore, had signed a USD 32.5 million (Rs 200 crore) agreement with Hiland Group during the Bengal Summit inJanuary this year for Kolkata Riverside development...............................................Full Article: Source
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