 |
 |
-
Real Estate India
-
Explore Inside Pages
-
News by Month
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
kardan plans $1.2 billion investment in India, China
| February 12, 2008 |  (Be the first to rate this story!) Loading ... |
The Dutch-Israeli investor in real-estate and finance companies, Kardan NV plans to invest as much as 800 million euros ($1.2 billion) to develop housing and commercial centers in China and India.
In India, the investment company is looking at opportunities in New Delhi, Mumbai and Pune, where GTC said in November it would build its first project in India. It may expand into other countries in Asia, Ickovics said.
According to Mr. Ickovics, Chairman of the management board Mumbai is the largest Indian financial center, Delhi is the capital and Pune offers strong potential for growth because of its location.
In China, Kardan is targeting residential and retail projects in “second-tier'’ cities of 3 million to 15 million people. There are 350 to 400 million Chinese who are expected to move from rural areas to cities in the next decade to find work, Ickovics said.
News Published Under: Real Estate India |
|
Add to Favourite:
:
|
Related News:
