Projects executed in many countries including Syria under

India has successfully executed key infrastructure projects like power and steel plants in many countries including African nations and strife-torn Syria under a scheme meant to promote the country's trade and economic ties with such countries, top officials said on Tuesday.

According to them, the government has launched the Indian Development and Economic Assistance Scheme (IDEAS) which governs the Lines of Credit (LOCs) facility extended by Exim Bank to overseas government at the behest and with Indian government's support, according to them.

This was done with a view to promoting India's trade and economic relations with developing countries in particular.

A Ajay Kumar, Joint Secretary (DPA-1), Ministry of External Affairs and Sudatta Mandal, Chief General Manager, Export-Import Bank of India (Exim Bank) were talking to reporters on the sidelines of an outreach programme here.

The programme was organised to attract Indian firms to participate in the Line of Credit programme extended by the Exim bank to execute projects in foreign countries.

Kumar said a steel plant could be successfully set up in Syria during the peak of the crisis in that country.

"We have the unique record of completing projects in some of the most difficult countries like Syria during the peak of the crisis (there)," Kumar said.

The execution of the project had started in 2012.

Kumar said only Indian companies can participate in tenders floated by the overseas government to execute the projects of their choice under the LOC facility and this would give them an opportunity to enter into foreign nations.

Reaching out to small and medium enterprises (SMEs) to participate in tender floated by the foreign governments for their various schemes, Mandal said "in Mauritius we are in the process of funding a project for import of incinerators from India in crematoriums there."