New Arab fund launched to finance India Entertainment City
The concept consists of a mixed-use development comprising residential and retail components and focusing on the family entertainment industry.
The placement team is available in each of the Gulf Cooperation Council (GCC) countries of the UAE, Qatar, Oman, KSA, Bahrain and Kuwait and throughout the region.
The fund is also being marketed to international investors, based on high levels of indicated interest.
Pointing out that the entertainment sector in India presents boundless opportunities for rewarding investments, the statement said that, with a captive audience, IEC would provide a home for actors and supporting industry professionals, along with world-class leisure facilities and entertainment activities for all audiences.
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