A Bubai-based group, MBM, will support Maharashtra government's ambitious Dharavi slum redevelopment project along with other urban infrastructure initiatives, Chief Minister Devendra Fadnavis said today.
Established in 2006, the MBM group is a Dubai-based royal family office and investment holding company with activities in investments, strategic advisory as well as social and community development.
The delegation is scheduled to visit Montreal in Canada and New York, Washington and San Fransisco in the US to meet business leaders and visit institutions to give momentum to various infrastructure projects and IT initiatives in Maharashtra.
"The chairman of MBM group has shown his willingness to support the Dharavi slum redevelopment project apart from other urban infrastructure initiatives of the state government," a release issued by the Chief Minister's office stated.
The Chief Minister said DP World intends to work with the state government on multimodal logistics parks in Maharashtra, particularly in Nagpur for better port connectivity on G2G (government to government) basis.
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