HOME


ABOUT CRGP
MEMBERSHIP
PEOPLE
RESEARCH
PUBLICATIONS
EVENTS
NEWS
  CRGP News
  Global Projects Blog
  Global Projects RealNews






« Public and private sector partnership criticised | Main | Lagos slums to wear new look as World Bank earmarks $200m for upgrading »

September 7, 2007

ICICI to Set Up $2 Billion India Infrastructure Fund

By M.C. Govardhana Rangan

Sept. 7 (Bloomberg) - ICICI Bank Ltd., India's most valuable, is seeking $2 billion from overseas investors to tap demand for roads, ports and power in the fastest-growing economy after China, following similar funds by Citigroup Inc. and Blackstone Group LP.

The fundraising will probably be finished in about three months, Chanda Kochhar, deputy managing director at the Mumbai- based bank, said today. Full Story...

Posted by rjorr at September 7, 2007 6:03 PM