Israel seeks Indian investments in transportation sector

New Delhi: Seeking to expand its robust ties in defence sector to other fields, Israel has sought large Indian investments in its infrastructure and transportation sectors, saying this would greatly contribute to its economy.
“We have very good relations in the military and defence industries’ sphere. We need to enhance this with your investments in our infrastructure and transportation sectors,” Israeli Deputy Prime Minister Shaul Mofaz, a retired lieutenant general, said during an interactive session organised by the Confederation of Indian Industry (CII) here.
During his visit, Mofaz met External Affairs Minister Pranab Mukherjee, Railway Minister Lalu Prasad, Civil Aviation Minister Praful Patel and Road Transport and Highways Minister T.R. Baalu.
Baghdad via Jordan for exports aimed at Europe and other destinations and vice versa.
“Investing in ports on a BOT (build, operate, transfer) basis is an option Indian companies should look at,” he added.
24/03/07 IANS/Gulf Times, Qata

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Categories: Foreign Mar 2007