Chinese hedge funds show interest in India’s infra projects

Chines investment
Chinese hedge funds invest in India

In an acknowledgement of India’s potential as an investment destination, Chinese equity hedge fund Silver Spring Capital will soon invest over `2,000 crore ($300 million) in the fund-starved infrastructure sector.
The Hong Kong-based fund will make this investment in Hyderabad-based infrastructure developer Transstroy India Limited.
“This is the first ever proposal where the money will be pumped in the company for construction of highways. Till now foreign funds have shown interest in buying completed projects,” a senior government official said.

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