A host of key Chinese companies from Zhengzhou city of Henan province in China signed Memorandum of Understandings (MoUs) worth $945 million (approx Rs6,600 crore) for setting up a wide set of industrial projects in Chhattisgarh on the third day of Chief Minister Raman Singh’s ongoing week-long tour to China on Friday.
As per the MoUs, Chinese companies will primarily invest in manufacturing of solar power equipment, railway and building construction material sectors in Chhattisgarh. The Zhongli Talesun Solar Company limited will invest about $500 million in cable manufacturing, real estate and renewable energy sector. This MoU will help in developing a Special Economic Zone (SEZ) of solar cell and solar panel in Chhattisgarh.
likewise, M/s Chongqing Changzheng Heavy Industry Co ltd has also inked MoU worth $20 million for developing Station Wagon industry in Chhattisgarh. Chief Minister Raman Singh after signing of MoUs participated in the 10th International Investment and Trade fair at Zhengzhou and addressed a gathering of representatives from 25 different countries. He said that India’s Prime Minister Narendra Modi has launched ‘Make in India’ programme for creating an India that is one of the front line countries with strong Industrial and Financial sectors. Working on same line, we are promoting investments through ‘Make in Chhattisgarh’ programme, he said. Singh also detailed about the development prospects and possibilities in Chhattisgarh.
The MoUs signing ceremony was marked with presence of Chief Minister Raman Singh, Chief Secretary Vivek Dhand, Principal Secretary, Housing and Environment Aman Kumar Singh, Chinese Consulate General (Kolkata) Ma Zhanwu, Indian Deputy High Commissioner in China Dr Bala B Bhaskar and others.