Chief Minister Devendra Fadnavis on Friday said asset manager Brookfield Properties is set to invest over USD 1 billion to create a global capability centre (GCC) facility in the state.
Fadnavis said he held discussions with key Brookfield executives, and they’ve zeroed in on creating a 2 million sq ft GCC facility, which will be the largest in Asia, and perhaps the world as well.
The facility will create over 15,000 direct jobs and support another 30,000 jobs indirectly, Fadnavis said.
“It (investment) will be more than USD 1 billion. One single project will create 45,000 jobs,” Fadnavis told reporters on the sidelines of an event here.
A formal agreement between the government and the asset manager will be filed in due course, he added.
In May this year, Brookfield Asset Management aims to more than triple its assets under management in India to USD 100 billion over the next five years.
Overall, the firm’s AUM in India, where it has been present for 15 years, is around USD 30 .​Chief Minister Devendra Fadnavis on Friday said asset manager Brookfield Properties is set to invest over USD 1 billion to create a global capability centre (GCC) facility in the state.
Fadnavis said he held discussions with key Brookfield executives, and they’ve zeroed in on creating a 2 million sq ft GCC facility, which will be the largest in Asia, and perhaps the world as well.
The facility will create over 15,000 direct jobs and support another 30,000 jobs indirectly, Fadnavis said.
“It (investment) will be more than USD 1 billion. One single project will create 45,000 jobs,” Fadnavis told reporters on the sidelines of an event here.
A formal agreement between the government and the asset manager will be filed in due course, he added.
In May this year, Brookfield Asset Management aims to more than triple its assets under management in India to USD 100 billion over the next five years.
Overall, the firm’s AUM in India, where it has been present for 15 years, is around USD 30 . ​Latest News [ SOBAN NEWS: International and National ]
