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India-Arab Investment Projects Conclave

Special Correspondent

NEW DELHI: India has identified 69 projects in areas such as real estate, healthcare, education, and tourism worth over $150 billion for investment from Arab countries. These investment proposals will be discussed and tied-up at the India-Arab Investment Projects Conclave here to be inaugurated by Union External Affairs Minister, Pranab Mukherjee, on Friday.

CEOs of over 100 companies from 13 Arab countries are participating in the two-day conclave. Ministers and high officials from Sudan, Egypt and Saudi Arabia will be present along with majority of Arab League Ambassadors in India to discuss business. The conclave is being organised under the auspices of the Indo-Arab Economic Forum (IAEF), a special initiative of Federation of Indian Chambers of Commerce and Industry (FICCI).

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