Monday, September 20, 2021

Cabinet approves FDI proposal for Rs 15,000 cr investment in M/s Anchorage Infrastructure Investment Holding Ltd

The Cabinet Committee of Economic Affairs has approved the FDI proposal for an investment of upto 15 thousand crore rupees by M/s Anchorage Infrastructure Investment Holding Limited in a major boost to infrastructure and construction sector including Airport sector. It will also be a significant boost to the recently announced National Monetisation Pipeline, as it will help fund leasing out of state-owned infrastructure assets which involves handling assets like roads, railways, airports, sports stadiums, power transmission lines and gas pipelines to private operators. The investment will considerably substantiate government’s plan to develop world-class Airport and transport-related infrastructure through private partnership. The move will also generate indirect employment during construction and ancillary activities.

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