NIIF eyes $1 bn from overseas investors in fresh round
The National Investment and Infrastructure Fund (NIIF) is looking at raising another USD 1 billion from external investors, a senior official said here Friday.
The NIIF, which is tasked with attracting investments into infrastructure and other key sectors, has already received commitments for USD 1 billion from a few external investors.
“We have been able to raise over USD 1 billion so far and hope to get a similar amount now,” executive director Prakash Rao said speaking at an event organised by the industry lobby CII.
