In the last week of december, the government has set up this rs. Pension fund investment in infrastructure and global. The national investment and infrastructure fund niif, was established in 2015 by the. National investment and infrastructure fund niif linkedin. Government of gujarat, national investment and infrastructure fundand the department of economic affairs, ministry of finance, government of indiafor inviting me to this roundtable. Gk, general studies, optional notes for upsc, ias, banking, civil services. National investment and infrastructure fund limited chief investment officer cio job description 1 job responsibilities. The national infrastructure investment fund niif has been set up by the government of india to address the significant infrastructure financing.
By anuradha munshi and kate geary well the national investment and infrastructure fund niif, was established in 2015 by the government of india to address the infrastructure. The objective behind creating this fund was to maximize economic impact mainly through infrastructure investment. Funding and investing in infrastructure 1 based on a paper prepared for the fiscal future of the local public sector conference, june 23, 2011, at the george washington institute of public. National investment and infrastructure fund niif clearias. Donors and dfis have launched infrastructure funds and co investment platforms, e. Niifl an investor owned fund manager, anchored by the. Aiibs investment in the national infrastructure investment fund. The asian infrastructure investment bank aiib is considering participation as an investor in the fof. The analysis was structured on a countrybycountry basis. National investment and infrastructure fund niif to make it simple, national investment and infrastructure fund niif is a fund created by the government of india for enhancing infrastructure financing in the country. Private infrastructure nancing in developing countries. Whilst not a definitive research study itself, there are notably consistent themes coming out of the analysis.
And those that do tend to focus exclusively on investment in telecommunication infrastructure. Indias national investment and infrastructure fund. In this context, average annual infrastructure investment public and private combined rose by 17% in real terms in the last parliament, when compared to the preceding one. What is national investment and infrastructure fund niif. T he government therefore established the national investment and infrastructure fund niif to foster investment in the infrastructure. National investment and infrastucture fund niif department of. National investment and infrastructure fund limited niifl, an institution anchored by the government of india, will act as the investment manager to alternative funds set up under the niif umbrella group.
National investment and infrastructure fund limited partner master fund job description 1 about the fund the niif master fund has a target size of usd2. The funds are proposed to be collaborative investment. Pdf niif national infrastructure investment fund sunay. Apart from the national investment and infrastructure fund niif the countrys only sovereign wealth fund, india has already seen a large pool of infrastructure investments by global sovereign wealth funds such as singapore based gic, temasek holdings and middle east based abu dhabi investment. National investment and infrastructure fund niif is indias first sovereign wealth fund that was set up by the government of india in february 2015. National investment and infrastructure fund limited asian. National investment and infrastructure fund youtube.
Responsible for establishing the fund often located in fund centres such as london and new york vary in size from boutique firms to global players markets the fund to investors often works with distributors to market funds across multiple jurisdictions manages portfolio of investments and makes investment. The government of india has placed investment in infrastructure as one of the key drivers of development of the indian economy. National infrastructure plan south african government. In total more than a quarter of a trillion pounds has been invested in uk infrastructure. Mobilization of longterm savings for infrastructure. Niif has three investment platforms, namely the master fund, fund of funds fof and strategic investments fund. The cabinet committee on economic affairs ccea on 27th january, 2005 had approved the constitution of a national investment fund nif. National investment and infrastructure fund niif 2017 current affairs. National investment and infrastructure fund limited niifl is an investorowned fund manager, anchored by the government of india goi in collaboration with leading global and domestic institutional investors. The national investment fund nif was set up in november, 2005 for channelizing the proceeds from disinvestment of central public sector enterprises. We manage over usd 3 billion of capital commitments across three funds, each with its distinct investment strategy.
This involves building the national quality infrastructure. The creation of national investment and infrastructure fund niif. National investment and infrastructure fund embassy of india. In total more than a quarter of a trillion pounds has been invested in uk infrastructure since 2010. National infrastructure investment fund launched by the indian government in 2015 to generate funds for developing infrastructure. National investment and infrastructure fund niif of india and canada pension plan. Jamaicas overall investment strategy the creation of a logistics centred economy and integration into global value chains guides the countrys overall investment strategy. The national investment and infrastructure fund niif of india is pleased to announce that australiansuper, australias largest superannuation fund, and ontario teachers pension plan ontario teachers, canadas largest singleprofession pension plan, have each signed agreements for investments of up to usd 1 billion with the niif master fund. Project preparatory technical assistance concept paper.
National investment and infrastructure fund wikipedia. This report, commissioned by the global infrastructure investor association and prepared jointly with pwc, draws from a global evidence base and presents a series of illustrative case studies. Infrastructure investment programme for south africa. Each is managed by a fund separate team, which is headed by a managing partner.
This leadership is welcome and promises to deliver significant progress. National investment policy statement ministry of industry. National investment and infrastructure fund limited registered office. Project name, national investment and infrastructure fund. The infrastructure and projects authority will publish the national infrastructure. The national investment and infrastructure fund niif was proposed in union budget 2015. By anuradha munshi and kate geary well the national investment and infrastructure fund niif, was established in 2015 by the government of india to address the infrastructure financing gap in the country, particularly on the equity front.
National investment and infrastructure fund limited managing partner strategic opportunities fund job description 1 about the fund the niif strategic opportunities fund has a target size of usd35 billion equivalent and invests in large singleasset companies and businesses in sectors adjacent to infrastructure. National investment and infrastructure fund niif gktoday. Securities and exchange board of india sebi has already approved niif as an alternate investment fund. Australiansuper and ontario teachers pension plan to. On march 30, 2020, the asian development bank announced that it is to invest 100 million usd in national investment and infrastructure fund niif. The development bank of southern africa dbsa has been appointed as the secretariat and fund manager to implement the iipsa programme and invites project proposals from eligible public entities and private entities with a public service mission to apply for iipsa grant funding for the financing of infrastructure investment. Investment in infrastructure continues to grow, with r300 billion invested in the national infrastructure plan by both the public and private sector in 201617. National investment and infrastructure fund limited niifl. Aseem aims to be a classic project finance institution that will play a crucial role in addressing the infrastructure. Aiibs investment in the national infrastructure investment. Squared capital, a global infrastructure investment.
New concept of formation and investment of the national fund. The investment during an economic slow down is a great boost for the indian economy. The investment policy dimension of digital development strategies should be broadened to enabling domestic firms to reap the benefits of digitalization and easier access to global markets. One of the biggest hurdle for indias infrastructure expansion plans is lack of funds. Infrastructure is the basic physical systems of a business or nation. Background niif ltd, the investment manager, currently manages three funds, each of which have distinct investment strategies. At its board meeting in april 2018, the aiib will consider approval of indias national investment and infrastructure. It has a pure equity structure, spanning three investment sub funds master fund, the fund of. Niif current affairs today current affairs 20172018. Essential public infrastructure such as roads, ports and airports. We manage over usd 3 billion of capital commitments across three funds, each with its distinct investment. Pension fund investment in infrastructure and global financial regulation a topic attracting attention in recent global regulatory discussions is the possibility that private pension funds invest in alternative assets, particularly infrastructure.
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