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    HomeNewsTrendsCurrent AffairsCommerce Min moots $9 bn fund for Indo-Japan infra project

    Commerce Min moots $9 bn fund for Indo-Japan infra project

    Commerce and Industry Minister Anand Sharma has proposed to set up a huge fund worth USD9 billion in a bid to finance the India-Japan infrastructure project.

    February 15, 2011 / 22:48 IST

    Commerce and Industry Minister Anand Sharma has proposed to set up a huge fund worth USD 9 billion in a bid to finance the India-Japan infrastructure project.

    The proposed fund, to be jointly set up with Japan is aimed to finance the Delhi-Mumbai Industrial Corridor Project as well, which is estimated to cost over USD 100 billion as an investment.

    India and Japan are scheduled to sign a Comprehensive Economic Partnership Agreement (CEPA) in Tokyo on Wednesday.

    first published: Feb 15, 2011 08:11 pm

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