Canada seeks Indian investment in billion-dollar infra space

KOLKATA: Canada today sought Indian investments in the billion-dollar infrastructure sector roadmap of that country over the next 10 years.

"We see opportunity for Indians participating in the Canadian 180-billion dollar infrastructure (10-year) roadmap," Canadian Minister for Infrastructure and Communities, Amarjeet Sohi said here today.

The areas of infrastructure development include public transit, trade corridors, port and airport, he said after an interaction with members of the Indian Chamber of Commerce.


Sohi said Indian investment in Canadian infrastructure is low at present, but has the potential to increase.

He is part of Canadian Prime Minister Justin Trudeau's current India visit, which will focus on job creation and strengthening of ties between the two nations.

Sohi said he is hopeful that bilateral trade between India and Canada will grow further.

Different Canadian funds have so far invested about 10 billion Canadian dollars in India.