NIIF, QIA sign MoU

Q.  NIIF has entered into an MOU with which investment authority?
- Published on 10 Jun 16

a. Saudi Arabia Investment Authority
b. Bahrain Investment Authority
c. Dubai Investment Authority
d. Qatar Investment Authority

ANSWER: Qatar Investment Authority
 
With a view to attracting investments from Qatar under the umbrella of NIIF, the National Investment and Infrastructure Fund (NIIF) Ltd. entered into an Memorandum of Understanding (MoU) with Qatar Investment Authority (QIA) on 5th June, 2016 during the visit of the Prime Minister of India to Doha on June 4th and 5th , 2016.
  • The MoU was signed by Mr. Abdullah Bin Mohamed Al Thani, CEO of Qatar Investment Authority (QIA) and Mr. Amar Sinha, Secretary (Economic Relations), Ministry of External Affairs on behalf of NIIF Ltd.
  • The objective of the MoU is to facilitate QIA to study investment opportunities in the infrastructure sector in India and develop a framework for exchange of information with regard to such investments opportunities, in order to enable both sides to decide on joint investments.

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