SINGAPORE—India is negotiating a US$2 billion fund with Singapore's state investment company Temasek Holdings Pte. Ltd. for infrastructure projects in the world's second-fastest-growing major economy."It's a good investment opportunity, and they [Temasek] are looking at it," Kamal Nath, India's minister for road transport and highways, said Tuesday. "They have to look at whether they fund individual projects or set up some holding structures."
Mr. Nath said he will meet with Temasek officials on Wednesday. Temasek didn't immediately respond to a request for comment. Full Story
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India to Discuss Investment Fund 'Idea' With Temasek - San Francisco Chronicle
India to Discuss Investment Fund ‘Idea’ With Temasek - BusinessWeek
Nath seeks funds for roads from Singapore’s Temasek - The Hindu
