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Tuesday, November 19, 2019

AIIB plans $2.5 billion investment in India’s metro, road projects

AIIB may invest $400 million each in the two metro projects. In Bangalore, it has decided to invest $350 million. AIIB is in advanced talks with different nodal agencies, including Chennai Metro Rail and the Mumbai Metro Rail Corp. The investment is likely to boost New Delhi's Smar City initiative.

from Economy-News-Economic Times https://ift.tt/3411oIE
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