The Mumbai Metropolitan Region Development Authority (MMRDA), has held investor-meet – organized by Philip Capital – and highlighted investment opportunities to various representatives from sixteen companies. The companies that attended the meet are Tata AIA Life, Enama Holdings, Reliance, Nippon Life Asset Management, Nippon Life Company, Principal Asset Management, Goldman Sachs, Suyash Advisors, Avendus Capital Public Markets, Invesco Mutual Fund, IDBI Federal Life Insuranace, Quantum Advisors, Aviva Life Insurance Co India, HDFC Asset Management, Tata Asset Management and CPP Investment Board.
“We are in a total development mode in Mumbai as also the metropolitan region and have undertaken various infrastructure projects including various Metro corridors. There is an investment opportunity worth more than rupees one lakh crore”, said R A Rajeev, Metropolitan Commissioner, MMRDA, who chaired the investor-meet. “To provide improved mobility, connectivity, accessibility, safety with comfortable travel is our motto”, said Rajeev further highlighting the mega projects such as Mumbai Trans Harbour Link Project, Multi-Modal corridor, transit oriented development, multi-modal integration including the 14-Line 337-km long Metro network.
The Metropolitan Commissioner further elaborated that the investors attending the meet were assured that the MMRDA’s projects are being implemented without cost and time overruns and thus they should extend finances to contracting agencies working with MMRDA without any doubt.
@EPC World Media
