Abu Dhabi to invest $50bn in India infrastructure.

[Manindra]

Any time frame ? In which period this investment come to India & which sector ?

 

[sancho]

this is for infra building, its good for country... arab money or japanese.. who cares as long as they feed the poor

It can make a difference, depending on the interest of the donor. They don't provide the money just for fun, but have their own interests too and in this case it has to do with the interest in Jet Airways. The UAE are increasing their importance as an aero hub and of their airlines Etihad and Emirates, which even has implications in their defence deals (Rafale for more landing rights in France). In return that will effect other air lines of course, be it Air France or Air India and that is something that needs to be considered too.

 

[Bhai Zakir]

Hahaha hahahah
bwahahhah.........
Abu Dhabi should stop making false statements like this!
First bring our $45billion investment!

The current investment of Abu Dhabi in India is 10 times more it have invested in pakistan.

So it tells the actual story. When in comes to pak abu dhabi/china do big but empty talks but when in India they want business.

Just wait and watch the flow of investment in India.

You mean Conditions created by Arab Money in pakistan are not the right conditions?Are you sure I have you know they have also invested billions in pakistan to destroy her infrastructure.

We are not allowing even a single penny from arab nations into education its about the infrastructure ports, airports, expressways, power plants etc. etc.

 

[Shardul.....the lion]

Welcome to abyu dhabi

 

[Kompromat]

Abu Dhabi to invest $50bn in India infrastructure: report​

NEW DELHI: Abu Dhabi has promised to invest $50 billion in India's cash-hungry infrastructure at a time when growth in Asia's third-largest economy has sharply slowed, a newspaper reported Wednesday.

The pledge by Abu Dhabi was the key factor in pushing New Delhi to approve a bilateral deal to increase flights between the two countries, an Indian official told the Indian Express.

“A commitment to invest $50 billion in the infrastructure sector of the country by Abu Dhabi was a key reason for us to agree to the increase,” a senior government official, who declined to be named, said.

News of the investment comes just months after the International Monetary Fund criticised India for not improving its creaky infrastructure during the period it experienced growth rates close to double figures.

The IMF said in February that India would likely see slower growth than expected in 2012/13 at 5.4 per cent and pay the price for failing to ensure investment in infrastructure kept pace with economic growth in the previous decade.

The plan to increase flights between the UAE and India is linked to a controversial proposal by the Abu Dhabi-based Etihad airline to purchase a 24 per cent stake in India's Jet Airways for 20.5 billion rupees ($342 million).

That deal, the largest foreign investment proposal in India's aviation sector, faces regulatory hurdles, with many ministries raising objections over the bilateral increase in flights as well as over control of Jet after the sale.

“The increase was arrived at based on the request for a hike in entitlements made by various carriers, including Jet,” the government official said.

Many of the new seats - a nearly three-fold jump from 13,000 to 36,600 seats -- would go to Jet and Etihad.

India's opposition has alleged that the increase in flights was aimed at clinching the Jet-Etihad sale and could divert vital business from ailing state-run flagship Air India.

The Jet-Etihad deal, announced in April, marked the first overseas investment in an existing Indian carrier since New Delhi eased restrictions to allow foreign firms to take up to a 49 per cent holding in the country's airlines.

But a request by the Indian prime minister's office on Monday for the plan to be discussed by cabinet provoked new worries about the fate of the sale and sent shares of Jet plunging six per cent.

Abu Dhabi to invest $50bn in India infrastructure: report - DAWN.COM

 

[A.Rafay]

Posted before!

 

[Cheetah786]

Aeronaut sahib you are too late

 

[A.Rafay]

@Aeronaut merge your thread.

 

[Wood]

Hahaha hahahah
bwahahhah.........
Abu Dhabi should stop making false statements like this!
First bring our $45billion investment!

I share your pessimism. If it sounds too good to be true, it probably is!

 

[jarves]

So what happened to this???

 

[A.Rafay]

Abu dhabi what a joke these fcks are!

 

[jarves]

Abu dhabi what a joke these fcks are!

What happened??

 

[A.Rafay]

What happened??

,,|,, this happened.

 

[Cherokee]

CC : @al-Hasani

 

[jarves]

,,|,, this happened.

To Pakistan??