NYCEDC inducts Pradeep Jain as new member of New York City Financial Services Advisory Committee

New Delhi: In yet another milestone for Indian Real Estate Industry and Indian Entrepreneurs, Mr. Pradeep Jain, Chairman, Parsvnath Developers Limited has been inducted in the New York City Financial Services Advisory Committee of NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION (NYCEDC). NYCEDC formed this Advisory Committee to foster dialogue between senior private sector leaders and the Bloomberg Administration on the critical issues affecting New York City's financial industry through roundtables and forums. This Committee consists of selected leaders from various industries including real estate, investment and financial services industries.

NYCEDC stimulates economic growth throughout New York City by encouraging and facilitating real estate development. NYCEDC utilize the real estate to generate maximum for the community by generating employment opportunities and also by lasing city owned properties for economic development purposes.

On being inducted in the Advisory Committee, Mr. Pradeep Jain, said "NYCEDC, which started in 1991, has come a long way in promoting and facilitating investments of approx. US.$. 1.7 billion in private sector and has created more than 12,000 permanent jobs through the sale of vacant sites throughout New York City. With more than two decades of my experience in the real estate and allied businesses in India and the expertise of global leaders of NYCEDC in facilitating investments and creating jobs, we would together bring a unique and very important perspective to the community as a whole. Coming to the Committee I would like to take the good work further and contribute positively to the goals set by NYCEDC from time to time."

Source : Equity Bulls

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