GJ-VIBRANT-GUJARAT-MODI

To woo investments for various

infrastructure projects, Prime Minister Narendra Modi will

hold talks with the heads of over two dozen global wealth

funds during the forthcoming Vibrant Gujarat summit, said

officials Monday.

Modi will have a roundtable with heads of some global

sovereign wealth funds, pension funds and institutional

investors on the inaugural day of the three-day summit on

January 18, said additional chief secretary at the finance

department Arvind Agarwal.

As many as 27 global funds have confirmed their

participation at the summit which will also be attended by

Union finance minister Arun Jaitley and chief minister Vijay

Rupani among others, he said.

These global funds own and manage assets worth

trillions of dollars and these funds invest heavily in large

infra projects, he said, adding some of the funds which have

confirmed participation include the Government Pension

Investment Fund of Japan, International Finance Corporation,

Japanese Bank for International Cooperation, Vanguard, and

Asian Infrastructure Investment Bank, among others.

There will also be seminar to discuss opportunities at

the International Financial Services Centre at Gift City,

which will have participation from major global exchanges like

the LSE, LME, Nasdaq, Shanghai Gold Exchange and BSE.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)