Gulf Finance House invests in India

Gulf Finance House (GFH) is investing over US$ 2 billion in a green field site close to Navi Mumbai, near to the commercial capital's airport.

Gulf Finance House (GFH) is investing over US$ 2 billion in a green field site close to Navi Mumbai, near to the commercial capital's airport. GFH has already raised US$ 630 million towards the initial development and infrastructure requirements of the project.

GFH exhibited this project among other infrastructure development initiatives at the inaugural Cityscape India this week.

The company has also signed a memorandum of understanding with the government of Maharashta towards the development of Energy City India, and the project details are now at an advanced stage.

Energy City is the second of a pan-Asian network of energy business hubs, with the first being Energy City Qatar.

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