US Govt. keen to invest in India's Infra & Port sector development

Posted by Daily Shipping Times on 10-10-2018        Tweet

WASHINGTON: The US Government's development Finance Institution OPIC is keen to invest in the development of India's infrastructure and port sectors, a top US official said recently.

Overseas Private Investment Corporation (OPIC) Executive Vice-President David Bohigian, who is visiting India, further said that India is a clearly the anchor of US Government's Indo-Pacific strategy.

OPIC is a self-sustaining US Government agency that helps American businesses invest in emerging markets.

"We are looking across all sectors (of India for investment) including infrastructure development, port development and solar energy sector, not just in venture capital," Bohigian added.