Memorandum of Understanding between India and Saudi Arabia on establishing a mechanism for Investment Infrastructure in India
No: --- Dated: Feb, 13 2019
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the signing Memorandum of Understanding between India and Saudi Arabia on establishing a mechanism for investment Infrastructure in Indian.
The MoU will be a step forward in engaging with the institutions of Saudi Arabia to attract a potential investment into the infrastructure sector in the country. It will lead to boosting infrastructure development in the country, the creation of more jobs, the growth of ancillary industries/sectors which will lead to growth in GDP and overall economic prosperity.
Courtesy – Press Information Bureau, Government of India