The finance ministry is planning to set up a fund under the National Investment and Infrastructure Fund (NIIF) dedicated for strategic investments.
Earlier this year, the NIIF kick started its funding activity with global operator of marine and inland terminals DP World by creating a platform for investing up to USD 3 billion in ports and logistics.
"We are now discussing a fund in NIIF which is more for the strategic investment," a top finance ministry official told PTI.
When asked about by when the fund would come into existence, the official said, discussions with investors are at advanced stage and it should