India expects $ 5 bn Canadian investment in road sector
Toronto, March 26: India expects a big investment of $ 5 billion (around Rs 22,800 crore) from Canada in the country’s road development programme over the next three to four years, Road Transport and Highways Kamal Nath has said.
“I am looking at Canada looking beyond NAFTA,” Mr. Nath said after meeting with top Canadian ministers and executives of financial institutions here yesterday.
“Canadian pension funds and financial institutions are actively considering participating in the National Highway Development Project (NHDP),” he added.