Sunday, December 5, 2010

Have we invested yet??

Infrastructure seems to be the HOT TOPIC in news these days...The Highways Minister Mr. Kamal Nath has ambitious plans. As per his ministry they plan to construct 35,000 km of roads by March 2014. This is expected to be the largest public private partnership programme in the world and is likely to attract a massive investment of US$41 bn, including FDI, from the private sector. Mr. Nath is confident of attracting international financial institutions and infrastructure companies to participate in the National Highways Development Project (NHDP). This is especially on account of the government's determination to bridge the huge infrastructure gap in India.
Furthermore UK's leading private Equity player 3I is set to launch its $3bn or 14000 crores infrastructure fund for India next year. Also in 2008 3I had floated its first India specific fund of $1.2 bn and has invested over $505mn in Indian Infrastructure. As per Michael Queen, chief Executive of 3I,"The main focus area is infrastructure,including power,ports,roads and water management"
As per my blog dated 18th Sept.2010 I have already signaled the trend to follow investment in Infra fund. Now its upto my readers to ride this upcoming wave early just like GOLD and benefit immensely in the years to come!!!



This blog is an initiative to help the middle class community to ignite the Financial genius within them and motivate them to achieve Financial Freedom

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