The National Investment and Infrastructure Fund (NIIF) and Dubai-based port operator DP World have set up a platform to invest in ports, terminals, transportation and logistics businesses in India..AZB & Partners acted for DP World with a team led by Partners Vinati Kastia and Abhishek Shinde along with Senior Associate Anant Dang..Shardul Amarchand Mangaldas advised NIIF and the team was led by Partner Raghubir Menon..This is the first investment platform from NIIF and will see investment up to $3 billion (nearly Rs 19,100 crore) of equity to acquire assets and develop projects in these sectors, the companies said in a statement..The platform will also look at opportunities beyond sea ports such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals and logistics infrastructure, including cold storage, reported VCCircle..Image taken from here.
The National Investment and Infrastructure Fund (NIIF) and Dubai-based port operator DP World have set up a platform to invest in ports, terminals, transportation and logistics businesses in India..AZB & Partners acted for DP World with a team led by Partners Vinati Kastia and Abhishek Shinde along with Senior Associate Anant Dang..Shardul Amarchand Mangaldas advised NIIF and the team was led by Partner Raghubir Menon..This is the first investment platform from NIIF and will see investment up to $3 billion (nearly Rs 19,100 crore) of equity to acquire assets and develop projects in these sectors, the companies said in a statement..The platform will also look at opportunities beyond sea ports such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals and logistics infrastructure, including cold storage, reported VCCircle..Image taken from here.