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Bahrain-based GFH Financial Group has signed an agreement with Adani Group for developing an economic development zone in Mumbai.
Under the agreement, the financial group’s unit Energy City Navi Mumbai (ECNM) and Adani Group will work together in creating the master plan for Phases II and III of the project, which will offer world class business infrastructure for local and international services, IT and energy companies.
The financial group’s two units ECNM and Mumbai IT and Telecom City (MITTC) are two core components of the Mumbai Economic Development Zone.
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