Neutral impactCorporate Action
Nirmala Sitharaman calls on multilateral banks to lay BRICS for private infra investment
Economic Times 1 hr ago·12 Aug 2026, 8:01 pm
India's Finance Minister Nirmala Sitharaman has called on multilateral banks to support private investment in infrastructure projects in BRICS nations. This move aims to address the challenges these countries face in attracting private capital for such projects.
The minister's appeal is significant for investors as it highlights the potential for growth in infrastructure development, which could have a positive impact on the broader economy. By encouraging private investment, India and other BRICS nations can create more opportunities for sustainable development.
Investors should watch for further developments in this area, as increased investment in infrastructure could lead to new opportunities in related sectors. The success of these efforts will depend on the ability of multilateral banks to attract private investors and facilitate cooperation among BRICS nations.
Excerpt from Economic Times
Finance Minister Nirmala Sitharaman emphasized the challenges faced by BRICS nations in mobilizing private capital. She urged multilateral institutions to draw investors into infrastructure projects, as India needs ample private investments alongside its public capital. A substantial pipeline of infrastructure…Read the original at Economic Times
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