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UEF and WIEF eye $33 bn sovereign wealth fund investments for Tamil Nadu
United Economic Forum (UEF) Chamber of Commerce and World Islamic Economic Forum (WIEF) aim to attract 1 per cent of all sovereign wealth fund Investments into Tamil Nadu. This comes after Tamil Nadu Infrastructure Fund declared its first close with a total fund of $350 million. The Deputy Chief Minister said that Tamil Nadu has institutional structures such as sovereign wealth funds and Sharia-compliant funds that can receive investments.
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