UAE?s Tasweek eyes smart city investments in India UAE-based real estate company Tasweek has an**unced that it is exploring investment opportunities in "smart city" projects in India in collaboration with local partner MAMS Holdings Group. Tasweek Real Estate Development and Marketing said in a statement that it has held talks with Akhilesh Yadav, chief minister of Uttar Pradesh, to discuss opportunities related to smart cities and urban development. The move is in support of Indian Prime Minister Narendra Modi's vision of developing 100 smart cities to modernise mid-sized cities and act as satellite towns of larger metropolitan areas. India's 2015 federal budget has allocated $1 billion for the Urban Rejuvenation Mission and earmarked $84 million for the development of 100 smart cities. RELATED ARTICLES: Tasweek-plans-55m-mixed-use-project-in-Morocco , TASWEEK-signs-MoU-with-US-hospital-management-firm , Tasweek-starts-on-third-luxury-Malaysian-villa ,
05-31-2015, 05:40 PM
UAE?s Tasweek eyes smart city investments in India
UAE-based real estate company Tasweek has an**unced that it is exploring investment opportunities in "smart city" projects in India in collaboration with local partner MAMS Holdings Group. Tasweek Real Estate Development and Marketing said in a statement that it has held talks with Akhilesh Yadav, chief minister of Uttar Pradesh, to discuss opportunities related to smart cities and urban development. The move is in support of Indian Prime Minister Narendra Modi's vision of developing 100 smart cities to modernise mid-sized cities and act as satellite towns of larger metropolitan areas. India's 2015 federal budget has allocated $1 billion for the Urban Rejuvenation Mission and earmarked $84 million for the development of 100 smart cities. RELATED ARTICLES: Tasweek-plans-55m-mixed-use-project-in-Morocco , TASWEEK-signs-MoU-with-US-hospital-management-firm , Tasweek-starts-on-third-luxury-Malaysian-villa ,
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