Dubai based company, Bin Zayed International LLC set to bring in investments worth $2 Bn into Telangana

NewsBharati    01-Nov-2017
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Hyderabad, November 1: Telangana’s luck got a right touch! MoU was signed between Telangana government and a Dubai based company, Bin Zayed International LLC on Tuesday. This MoU aims to bring surplus amounts of investments worth $2 Billion into various infrastructure projects in the state of Telangana. 

Arvind Kumar, Principal Secretary Investment Promotion, Government of Telangana and Midhat Kidwai, Bin Zayed International LLC, UAE, Bin Zayed Group company, Group Managing Director signed the MoU.

 

Animation and Gaming Tower, Road Development Corporation, Musi Riverfront Development Project, watergrid and fibergrid, and development of new industrial parks are some of the infrastructure projects in which the company has expressed interest to invest.

Principal Secretary Arvind Kumar has invited the Bin Zayed Group management -team to send a high-level team to Telangana to take this agreement forward. The Bin Zayed Group of Companies is a leading business conglomerate with diverse business interests in the local and international markets. The company was established in 1988 by Sheikh Khaled Bin Zayed Al Nehayan as its Chairman.