.
.
.
.
China's miracle development took place through the governments mobilization and planned investment of China's domestic resources....NOT foreign investment. This year ALONE China will invest between $6--8 trillion back into her own economy(Government/Private/FDI...$128bn 2014 or just 2--3% of TOTAL investment in China for 2014). And then the next year, and the year after....and so on.
| Top destinations for foreign direct investment in 2014 |
|---|
|
|
| China |
$128bn |
| Hong Kong |
$111bn |
| US |
$86bn |
| Singapore |
$81bn |
| Brazil |
$62bn |
| UK |
$61bn |
| Canada |
$53bn |
| Australia |
$49bn |
| Netherlands |
$42bn |
| Luxembourg |
$36bn |
The Indian governments challenge and PRIORITY is to set up the SAME mechanism where by India's domestic resources and savings are ploughed back efficiently and easily into the Indian economy. That means streamlining the legal instruments, increase the ease of doing business and incentivize businesses through profits and tax laws to invest in India, rather than turn it into domestic or foreign black money.
________________________________________
PM Modi, UAE honchos decide to raise up to $75 billion for infrastructure fund
.
By Times of India
India
and the United Arab Emirates on Monday decided to set up a multi-billion
dollar fund to tap into investment opportunities in the country's
infrastructure sector.
The fund plans to raise up to $75 billion to support investment in India's rapid expansion of next generation infrastructure,
particularly in railways, ports, roads, airports, industrial corridors
and parks, an official statement said. No details were available about
the timeframe for raising the money or the investment plans.
Prime Minister Narendra Modi had urged UAE's top businessmen to invest
in India and had offered $1 trillion investment opportunity. India has
been discussing with several global funds to invest in the country and
develop the infrastructure sector.
AS IT HAPPENED: PM Modi's UAE trip — Day 2
The Abu Dhabi Investment Authority (ADIA), one of the world's largest
sovereign wealth funds, has been keen to invest in India's
infrastructure sector and build a strategic partnership with New Delhi.
ADIA is already an investor in India and sees India as an attractive
investment destination. India has huge needs for investment in railways,
roads, ports, industrial corridors and smart cities.
The two sides also decided to facilitate participation of Indian
companies in infrastructure development in the UAE and promote strategic
partnership in the energy sector, including through the UAE's
participation in India in the development of strategic petroleum
reserves, upstream and downstream petroleum sectors, and collaboration
in third countries.
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The two countries also decided to further promote trade and use their
respective locations and infrastructure for expanding trade in the
region and beyond; and, with the target of increasing trade by 60% in
the next five years.
The UAE will also tap into India's
expertise in small and medium enterprises to create a vibrant industrial
base in the Emirates which could also be of benefit to Indian
enterprises.
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The two sides also decided to strengthen cooperation between the UAE's
educational institutions and India's universities and higher research
institutions. It was decided to promote scientific collaboration,
including in the areas of renewable energy, sustainable development,
arid agriculture, desert ecology, urban development and advanced
healthcare.
