Bin Zayed seals Rs.12,500 cr infra deal

In a major booster to infrastructure sector, the Dubai-based Bin Zayed group has recently inked Rs.12,500 crore infrastructure building deal with the state government in Telangana. In this connection, a memorandum of understanding was inked between the empowered officials of the group and those of the state government. According to the group, the progress made by the State in the last three years after its formation in building allied infrastructure and this has prompted the group to consider making investments in the state’s infra sector. The group has shown interest in development of roads, the Musi River front development, Mission Bhageratha and the TS Fibre Grid projects in the state.

Published: 06 November 2017