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Dubai's MBM to support Dharavi slum redevelopment: Fadnavis

Press Trust of India  |  Mumbai 

A Bubai-based group, MBM, will support government's ambitious redevelopment project along with other urban infrastructure initiatives, Devendra said today.

Established in 2006, the 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.

A delegation led by left for a week long tour of the of America and yesterday.

The delegation is scheduled to visit in and New York, Washington and in the US to meet business leaders and visit institutions to give momentum to various infrastructure projects and IT initiatives in

The was welcomed in by Navdeep Puri, India's to UAE.

In Dubai, held discussions with Sheikh Mohammed Bin Juma Al Maktoum, of the Group.

"The of group has shown his willingness to support the redevelopment project apart from other urban infrastructure initiatives of the state government," a release issued by the Chief Minister's office stated.

Fadnavis also held a meeting with Sultan Ahmed Bin Sulayem, group and CEO of in

The said intends to work with the on multimodal logistics parks in Maharashtra, particularly in for better port connectivity on G2G (government to government) basis.

is a in the Government of India's and Infrastructure Fund (NIIF).

The NIIF has partnered with DP World to create an investment platform for ports, terminals, and logistics businesses in

Fadnavis also met Thumbay Moideen, founder of the which runs a network of facilities as well as a medical university in the Gulf.

Fadnavis said expressed his intention to work as a for projects planned in and also intended to enter into a formal MoU with the state government.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, June 10 2018. 17:40 IST