Jaitley invites Japanese investors |
India`s Finance Minister Arun Jaitley met key ministers in the Japanese administration and wooed pension funds to partner in India`s infrastructure development.In his meeting with Japan`s Deputy Prime Minister and Finance Minister Taro Aso Jaitley discussed investment opportunities India presents to the Japanese investors.He held wide-ranging talks with Aso to boost bilateral economic ties. Jaitley also met Minister of Economy , Trade and Industry Motoo Hayashi on Japan partnership in India`s growth story.He also had separate meetings with Minister of Health, Labour and Welfare Yasuhisa Shiozaki and with Minister of Land, Infrastructure, Transport and Tourism Keiichi Ishii.Ishii assured to look into Japanese investment in transport and infrastructure sector in India.India is seeking investors for its newly announced infrastructure fund NIIF (National Investment and Infrastructure Fund) that is being set up with a corpus of Rs 40,000 crore to finance infrastructure projects, including stalled ones. NIIF will be partly funded by private investors. The government and public sector entities will hold 49 per cent, with the rest is being offered to multilateral development banks, sovereign wealth funds, pension funds and other organisations.
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