06.06.2016 - India is hoping to tap Qatar sovereign wealth fund
India and Qatar signed seven agreements, including on investment and tourism promotion, following delegation level talks headed by Prime Minister Narendra Modi and Qatar Emir Tamim bin Hamad Al Thani. India is hoping to tap the Gulf nation's sovereign wealth fund, estimated at $300 billion, for infrastructure projects. According to one memorandum of understanding (MoU), Qatar will invest in India's National Investment and Infrastructure Fund (NIIF). The government had set up the Rs400 billion NIIF last year for enhancing infrastructure financing in India...............................................Full Article: Source
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