Saudi Arabia, that has promised a massive $100 billion investment in India, says it awaits allocation of land to kick-off the world’s biggest greenfield refinery project planned on the west coast of India.
On the sidelines of the Future Investment Initiative (FII), Dr Majid bin Abdullah Al Qasabi, the Minister of Commerce and Investment of the Kingdom of Saudi Arabia, said: “We are waiting for land selection (near Riagad in Maharashtra). Prime Minister Modi has assured that it was being done, a new government has been elected … the ball is now in India’s court”.
