Off the wire
• Russia conducts military drills involving Su-35s fighters in eastern region  • Roundup: Singapore stocks end up 1.26 pct  • Major news items in leading Zambia media outlets  • Cambodia wishes to see peace, stability in Korean peninsula  • 2 flights grounded at Indian airport after bomb scare  • China opposes unilateral sanctions against DPRK  • Major news items in leading S. African media outlets  • 6 sentenced to jail for running prostitution ring in Macao  • Update: Germany closes missions, schools in Turkey over security threat  • S China lab sterilizes mosquitos to fight dengue, Zika  
You are here: 　 Home

India to seek investment from other BRICS members in priority projects

Xinhua, March 17, 2016 Adjust font size:

The Indian government is preparing a list of priority projects for attracting investments from other BRICS nations, local daily The Hindu reported Thursday.

The newspaper quoted official sources here as saying the list of big projects will be taken up for discussion during the next month's meeting of the bloc's Contact Group on Economic and Trade Issues (CGETI) to be held in the Indian capital.

Investments would be sought for mostly the infrastructure sector from other member nations, said the report.

The CGETI meeting will be attended by high-level government officials to set the agenda for the BRICS trade and economy ministers' meeting.

India is chairing the BRICS for an 11-month term till December 2016. BRICS groups Brazil, Russia, India China and South Africa.

India's list of projects will be similar to what Russia brought out during its term as the chair of the BRICS last year, according to the report.

The Russian list had included about 60 projects in oil and gas, coal, water resources, high-tech manufacturing, mining, engineering, aviation, agriculture, transport and logistics, information technology and satellite communication. Endit