Lifestyle

Chinese firm proposes industrial township at Sohna

[ecis2016.org] China Fortune Land Development has submitted a proposal to the Haryana government, for the joint development of an industrial township at Sohna, entailing investment of around Rs 17,000 crores

China Fortune Land Development (CFLD), on November 17, 2016, submitted a proposal to the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), for joint development of an integrated industrial model township (IMT) at Sohna, to make it north India’s prime destination for industrial development, a top official has revealed.

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It will bring investment to the tune of Rs 17,000 crores and generate more than one lakh job opportunities, HSIIDC’s managing director, Sudhir Rajpal said, adding that the proposal has been submitted under the Swiss Challenge Method.

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He said that CFLD, through CFLD India, intends to invest and serve as a ‘total solution’ partner to the Haryana government, for the development of the project as a modern, ecological, high-value and integrated IMT, with sound urban functions, focusing on building the ecosystem for and attract high-value industries.

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He said that CFLD had initially expressed its interest to participate in the development and upgradation of the state of Haryana, during the visit of a delegation led by the chief minister to China in, January 2016. A memorandum of understanding (MoU) was signed, between the government of Haryana, HSIIDC and CFLD, on July 2, 2016, in the presence of the chief minister.

The project is expected to emerge as a pioneering and flagship initiative, to revitalise industrial development in Haryana. While referring to CFLD, the official pointed out that the company is the world’s leading real estate company, specialised in building and operating large-scale, integrated industrial cities. In the past 15 years, the CFLD has successfully built and operated 47 smart industrial cities in China.

Source: https://ecis2016.org/.
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Source: https://ecis2016.org
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