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Jaitley to Inaugurate India Investment Summit on February 4

Jaitley to Inaugurate India Investment Summit on February 4

New Delhi: Finance Minister Arun Jaitley will on February 4 inaugurate the two-day India Investment Summit, aimed at attracting long-term foreign investors into the infrastructure sector.

During the summit, Jaitley will also unveil the logo of National Infrastructure and Investment Fund (NIIF), a Finance Ministry statement said.

Several foreign pension and sovereign wealth funds are expected to participate in the summit which will be held here on February 4-5.

Abu Dhabi Investment Authority MD H H Sheikh Hamid Bin Zayed Al Nahyan would deliver a special address during the inaugural session, the statement added.

The summit would have multiple sessions including one titled 'Current Status, Outlook and Investment Opportunities in Developing Urban Infrastructure'.

Other sessions would focus on outlook and investment opportunities in power and renewable energy sector and another on road transport, highways and ports. Also one would be on investment opportunities in the railways sector.

India has been trying to attract foreign investments to succeed its 'Make in India' campaign, boost economic growth and generate employment opportunities.

Urban Development Minister M Venkaiah Naidu, Road Transport & Highways Minister Nitin Gadkari, Railways Minister Suresh Prabhu, SBI Chairperson Arundhati Bhattacharya and top bureaucrats from finance and infrastructure ministries would attend the Summit.