PM Modi says India welcomes UAE's interest to invest in infrastructure sector

Modi said we are working to connect the institutional investors in UAE with our National Investment and Infrastructure Fund

PM Modi says India welcomes UAE

Thanking Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan for his second visit to India, Prime Minister Narendra Modi on Wednesday said both leaders have agreed to sustain the momentum of its relations in key areas, including energy and investments.

In a joint press conference with the Crown Prince, who is in India to be the chief guest at the Republic Day celebrations to be held on January 26, Modi said that the country welcomes UAE's interest to invest in India’s infrastructure sector.



“UAE is one of our most valued partners and a close friend in an important region of the world… We are working to connect the institutional investors in UAE with our National Investment and Infrastructure Fund,” Modi was quoted by saying.

“We also feel that our growing engagement in countering violence and extremism is necessary for securing our societies,” he added.





Modi also added that he has expressed gratitude to His Highness for looking after the welfare of Indian nationals in UAE.





Meanwhile, India and UAE signed  MoUs in the fields of defence, maritime co-operation, shipping, cyber space, commerce and nine others.