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Malaysia, China express keenness to invest in India

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NewsGram Staff Writer

New Delhi:  Malaysia is keen to invest around $30 billion in urban development and housing projects in India.

The interest was expressed during the meeting of a 30-member Malaysian delegation led by Malaysia’s Works Mionister Haji Fadillah Bin Haji Yusof with Urban Development Minister M Venkaiah Naidu in New Delhi on Thursday.

“Construction Industry Development Board (CIDB), a government agency of Malaysia, has proposed to invest $30 billion in urban development and housing projects in India,” the urban development ministry said in a statement.

Yusof said, “The unfolding India is very exciting and that is the reason for coming here with a huge 30-member delegation of senior representatives of 12 leading government and private companies of Malaysia.”

While making presentations to Naidu, the Malaysian agency proposed to redevelop New Delhi railway station’s adjoining area as a mini-smart city with an investment of about $24 billion along with taking up a green city project worth $4 billion at Garhmukhteshwar in Uttar Pradesh.

Appreciating Malaysia’s interest, Naidu directed the National Buildings Construction Corporation (NBCC) to make detailed presentations to the concerned authorities for further consideration.

The delegation included senior representatives of government agencies such as CIDB, Malaysian Highway Authority(LLM), Pembinan and EXIM Bank.

Meanwhile, a 20-member Chinese delegation also called on Naidu on Thursday and held discussions on investment opportunities in the new urban sector initiatives in India.

The delegation, led by SANY group chairman Liang Wengen, comprised representatives of 9 public and private sector companies of China, including State Power Investment Corporation and Power Construction Corporation of China.

SANY group is China’s number one and world’s fifth largest construction machinery manufacturer with a market cap of $21 billion.

(With inputs from IANS)

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NBCC inks MoU for restructuring of AIIMS

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New Delhi: The All India Institute of Medical Sciences (AIIMS) inked a MoU with the National Buildings Constructions Corporation Ltd (NBCC) to build the second phase of the existing trauma centre of the institution.

The construction of the centre, known as Jai Prakash Narayan Apex Trauma centre, has been budgeted at Rs 3,000 crore.

Approximately 15 acres of land will be taken for the upcoming trauma centre that will have 2,250 beds and extended treatment facilities for digestive diseases, head and neck surgery, spine treatment, organ transplant, etc.

The Chairman of NBCC, Anoop Mittal also expressed their aim of restructuring AIIMS in a statement issued by the organisation.

NBCC would also participate in the massive restructuring of AIIMS infrastructure, including the redevelopment of AIIMS residential complexes in its Western Campus and Ayurvigyan Nagar.

Besides a control room for effective coordination and communication, the facility will have networking linkages with other hospitals and agencies.

A helipad will be built on its roof top so that critically injured patients can be airlifted for immediate medical attention. (IANS)(Picture Courtesy:thehindubusinessline.com)

 

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