NIIF, DP World create $3 billion India investment platform

The National Investment and Infrastructure Fund (NIIF) and Dubai-based port operator DP World have set up a platform to invest in ports, terminals, transportation and logistics businesses in India. The platform, NIIF’s first, will invest up to $3 billion (nearly Rs 191 billion) of equity to acquire assets and develop projects in these sectors. The platform will also look at opportunities beyond seaports such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals and logistics infrastructure, including cold storage.