Source: The Economic Times, Jan 10, 2017
MUMBAI: Canadian pension funds, armed with $3 billion, may soon invest in the development of Maharashtra. The Canadian government is in talks with officials in Maharashtra to deploy its pension funds for creating a water grid, financing the housingfor-all schemes, helping the upcoming International Finance Centre at BKC, setting up smart cities, and even in boosting the IT sector.
Amarjeet Sohi, Canadian minister for infrastructure and communities, who will visit Maharashtra this week, is supposed to meet Chief Minister Devendra Fadnavis on Thursday to tie the loose ends, said top state government officials. After Sohi’s visit, Fadnavis will be leaving for Canada sometime in February to close the deal. Read the rest of this entry »