Thursday, March 27, 2008

Abu Dhabi Investment House launch $400m Shariah-compliant India Entertainment City fund to finance India Entertainment City in Navi Mumbai

The fund, which has an investment period of two and a half years, is expected to achieve a 75% return on investment (ROI) over the period of the investment.

The new project is built on ADIH's innovative Entertainment City concept, which is currently being implemented in Qatar. The concept consists of a mixed-use development comprising residential and retail components and focusing on the family entertainment industry - a concept that is unique to the countries in which it is being executed.
ameinfo.com

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