Infra Man

With extensive international experience in the infrastructure sector including experience in raising funds from international investors, Sujoy Bose has been recently appointed by the government to head the National Investment and Infrastructure Fund (NIIF). Bose, in his former role was Director and Global Co-Head, Infrastructure and Natural Resources, International Finance Corporation (IFC), Washington DC, and has now taken over as NIIF´s CEO. The Union Budget 2015-16 announced that NIIF, with a corpus of Rs 40,000 crore, will bring in domestic and foreign investments to fund infrastructure projects. And, while the Centre has invested Rs 20,000 crore in the fund, the balance is expected from the private sector. In fact, the government has already signed pacts with investors from Qatar, Abu Dhabi and Russia for NIIF. And, while the government has already readied a shelf of projects for NIIF and appointed a small team of officials, the Finance Ministry has now found Bose, who will be responsible for the overall management and its operations. Investment in infrastructure seems on the run.