CCEA approves FDI proposal of Rs 15000 cr investment by Anchorage Infrastructure Investments Holdings Ltd

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  • The Cabinet Committee of Economic Affairs (CCEA) has approved the FDI proposal for an investment of upto 15 thousand crore rupees by Anchorage Infrastructure Investment Holding Limited. The investment will be a major boost to the infrastructure, construction and also to the Airport sector.
  • It will also be a significant boost to the recently announced National Monetisation Pipeline, as it will help fund leasing out of state-owned infrastructure assets which involves handling assets like roads, railways, airports, sports stadiums, power transmission lines and gas pipelines to private operators.
  • The investment will considerably substantiate the government’s plan to develop world class Airport and transport related infrastructure though private partnership.
  • The move will also generate indirect employment during construction and ancillary activities.
  • Source : newsonair.gov.in

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