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UAE Minister invites Indian investors to develop new ports in the region

UAE Minister invites Indian investors to develop new ports in the region
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Dubai, Oct 31:  Indian investors should look at the burgeoning maritime sector in the United Arab Emirates, especially developing new ports, UAE Minister of Infrastructure Development said on the sidelines of the India-UAE Partnership Summit.
The UAE is investing more than $60bn in the region’s maritime infrastructure as part of a five-year plan.
“We in the UAE cap about 1 percent of $60bn worth of business in maritime, and there is great potential,” Arabian Business quoted the minister Abdullah All Nuaimi as saying.

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