GFH signs pacts with Adani Infra and Wadhwa

Bahrain-based Islamic investment bank, Gulf Finance House (GFH), has signed two development agreements with Adani Infrastructure and Wadhwa Group for real estate development in India. GFH is one of the largest private sector investors from Bahrain into India. The flagship investment is in the energy city, Mumbai IT and telecom city in New Mumbai. The project is to be carried out on 1,200 acre. According to the first agreement, GFH and Wadhwa have agreed to appoint Hafeez Contractor, India-´s largest architect firm, as the master planner for the Phase-1 of the India project, with an expected end-sale value of $4 bn. Contact: Adani Infrastructure. Tel: 079-2656 5555. E-mail: info@adani.com Website: www.jindalsteelpower.com