Chief Minister Raman Singh has called upon Chinese investors to Chhattisgarh and see for themselves what his Government has created for entrepreneurs.
Chhattisgarh’s State delegation was in Shenzhen city of China on Saturday the IT and Electronics hub of the world and major economic center of China on its fourth day in China, officials informed.
Chief Secretary of Chhattisgarh, Vivek Dhand and the Principal Secretary - IT, Aman Kumar Singh spoke about the opportunities for investing in Chhattisgarh and about the IT Policy of State, the quality of industrial and urban infrastructure particularly in sunrise sectors like IT/ ITeS, electronics, food processing, engineering, manufacturing, Solar Equipment Manufacturing.
A business meet was held at a Hotel in Shenzhen which was attended by around 70 people representing 25 organisations.
The Shenzhen Electronic Chamber of Commerce and Shenzhen Trade and Investment Board and CII also participated in the event. Speaking on the occasion,
The Chinese Consul General to India in Kolkata and the Indian Consulate General to China also spoke on the occasion.
The highlight of the event was the signing of seven significant MoUs worth USD 2.4 billion (INR 16,000 crore approximately) in solar manufacturing, electronics, cement and electric vehicle manufacturing.
Subodh Kumar Singh, Secretary, Commerce & Industries, Government of Chhattisgarh signed seven MoUs on behalf of Government of Chhattisgarh. These were with Asia Pacific Generation ltd for investing USD 600 million for setting up a solar power plant, China Henan Bumper for an electric vehicles production line with an investment of USD 500 million and Hong Kong Jinyuan International Development ltd for setting up a cement plant with an investment of USD 1 billion.
The other MoUs included Guangzhou Juan Optical and Electrical Tech Joint Stock Co for the manufacture of security cameras and network video recorders, Kootion Technology for USB drive manufacturing, Risen Energy for a solar photovoltaic cell project and Shenzhen Fluence Technology PlC.