<p>IL&FS, which has a mandate to sponsor, develop and commercialise infrastructure projects and provide value-added financial services, will seek to provide a wide range of investment banking services to cater to the needs of Indian and international customers in Middle East and African markets.<br /><br />Speaking on the occasion, IL&FS Group Chairman Ravi Parthasarathy emphasised on the professional capabilities of the IL&FS Group and its contribution to the development of infrastructure in India.<br /><br />He also explained the role IL&FS is playing in promoting a large segment of financial services activities that are unique and path breaking.<br /><br />The prime focus of the Dubai operations would be channelising capital from the Middle East for opportunities in India, setting up complimentary alliances between groups across a wider array of businesses and leveraging on the infrastructure opportunities in the Middle East and India.<br /><br />They would also work closely to establish a network of select players in the region and provide services in a wide range of financial products like syndication of foreign currency/external commercial borrowings, export credit agency (ECA)-backed financing, offshore financing including Mezzanine structures and shariah-based financial products.<br /><br />In addition, IL&FS will offer private equity syndication with private equity funds, hedge funds and foreign institutional investors, merger and acquisition services and project and infrastructure advisory services.<br /><br />On the occasion, DIFC Governor Ahmad Humaid Al Tayer said, "Having international companies, like the IL&FS Group, setting up their operations at DIFC is testament to the importance of the Centre as a financial and business hub. IL&FS will use DIFC as a platform to access opportunities in infrastructure and financial services across the region."<br /><br />IL&FS has developed an array of projects in public-private partnership formats across sectors like transportation, power, maritime, water projects, urban infrastructure, environment, education and community development.<br /><br />Its aggregate investment involved in current initiatives across these sectors is in the region of USD 40 billion.</p>
<p>IL&FS, which has a mandate to sponsor, develop and commercialise infrastructure projects and provide value-added financial services, will seek to provide a wide range of investment banking services to cater to the needs of Indian and international customers in Middle East and African markets.<br /><br />Speaking on the occasion, IL&FS Group Chairman Ravi Parthasarathy emphasised on the professional capabilities of the IL&FS Group and its contribution to the development of infrastructure in India.<br /><br />He also explained the role IL&FS is playing in promoting a large segment of financial services activities that are unique and path breaking.<br /><br />The prime focus of the Dubai operations would be channelising capital from the Middle East for opportunities in India, setting up complimentary alliances between groups across a wider array of businesses and leveraging on the infrastructure opportunities in the Middle East and India.<br /><br />They would also work closely to establish a network of select players in the region and provide services in a wide range of financial products like syndication of foreign currency/external commercial borrowings, export credit agency (ECA)-backed financing, offshore financing including Mezzanine structures and shariah-based financial products.<br /><br />In addition, IL&FS will offer private equity syndication with private equity funds, hedge funds and foreign institutional investors, merger and acquisition services and project and infrastructure advisory services.<br /><br />On the occasion, DIFC Governor Ahmad Humaid Al Tayer said, "Having international companies, like the IL&FS Group, setting up their operations at DIFC is testament to the importance of the Centre as a financial and business hub. IL&FS will use DIFC as a platform to access opportunities in infrastructure and financial services across the region."<br /><br />IL&FS has developed an array of projects in public-private partnership formats across sectors like transportation, power, maritime, water projects, urban infrastructure, environment, education and community development.<br /><br />Its aggregate investment involved in current initiatives across these sectors is in the region of USD 40 billion.</p>