Monday, April 22, 2024
Monday, April 22, 2024
Home » India ‘Priority Market’ for Infrastructure Investments in Asia – Mubadala

India ‘Priority Market’ for Infrastructure Investments in Asia – Mubadala

by Kayden Atkinson
0 comment


The company is focusing on investing in renewables, roads and highways

India is a priority market for Abu Dhabi’s Mubadala Investment Company as it increases its weight allocation and portfolio in the country.

“India is a priority market for us in Asia,” Khaled Abdulla Al Qubaisi, CEO, real estate and infrastructure investments at Mubadala, told Economic Times, an Indian financial daily.  

Renewable energy, roads and highways will be areas of focus, he told the newspaper, adding that they could take billions of dollars in capital, given India’s size and economic growth.

“These sectors alone will keep us busy for many years to come,” he said.

Additionally, Mubadala is looking at other investment opportunities, such as city gas networks.

The company has so far invested $4 billion in India through direct and indirect investments, the report added.

Source : Zawya


You may also like

Soledad is the Best Newspaper and Magazine WordPress Theme with tons of options and demos ready to import. This theme is perfect for blogs and excellent for online stores, news, magazine or review sites. Buy Soledad now!

Vestitor News, A Media Company – All Right Reserved.