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Malaysia Offers To Invest $30 Bn In Indian Housing Projects

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Malaysia is keen to pump in investments to the tune of $30 billionin urban development and housing projects in India, an official statement said on Thursday.

The interest was expressed during the meeting of a 30-member Malaysian delegation led by Malaysia's Works Mionister Haji Fadillah Bin Haji Yusof with Urban Development Minister M Venkaiah Naidu here.

"Construction Industry Development Board (CIDB), a government agency of Malaysia, has proposed to invest $30 billion in urban development and housing projects in India," the urban development ministry said in a statement.


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