U.S. International Development Finance Corporation (DFC) has plans to invest $54 million in equity for the National Investment and Infrastructure Fund (NIIF) in India to support the development of critical infrastructure projects. The financing is part of NIIF’s final round of fundraising for the fund.
“DFC’s investment will support the growth and development of a key partner in the Indo-Pacific and allow DFC to facilitate investment in strategic infrastructure projects throughout India,” said Adam Boehler, DFC CEO . “DFC brings its commitment to high standards in all of our projects, and we are excited to establish this partnership with NIIF.”
DFC’s investment will help NIIF invest in infrastructure projects that are important for the long term sustainable growth of the Indian economy, supporting development and U.S. foreign policy.
