Headlines
Andhra CM begins China visit, 13 MoUs to be inked
Hyderabad, April 12
Andhra Pradesh will sign
13 Memoranda of Understanding (MoUs) with various Chinese companies
during Chief Minister N. Chandrababu Naidu's six-day visit to China,
which began on Sunday.
A high-level delegation led by Naidu
reached Beijing on Sunday. The delegation, which includes two ministers
and senior officials, will sign six government-to-business (G2B) MoUs
during the visit to Beijing.
These include a MoU with Camel Group
Co Ltd, which is engaged in the research and development, manufacture,
distribution and recycling of storage batteries.
Another
agreement will be inked with China Council for the Promotion of
International Trade, an industry body that promotes China's
international economic and commercial interests.
A MoU will be
inked with Guizhou International Investment Corporation. A delegation
from the company had visited Visakhapatnam in November last year.
The
government will also sign a MoU with Sinoma International Engineering
Co Ltd, which operates in equipment manufacturing and supply and
engineering sector, said an official statement here on Sunday.
Another
MoU will be inked with New Hope Liuhe Co. Limited, which is engaged in
integration of farming industry operations, such as feed production,
livestock breeding and slaughtering, and meat processing.
Under the business-to-business (B2B) segment, two key MoUs will be signed with Chinese industries in Beijing.
Vertex
Cements (India), which has already come forward to set up their cement
unit at Gangavaram in Guntur district, will ink an agreement with
Sinoma.
Leading manufacturer and supplier of apparels Brandix and
Chinese professional manufacturer and exporter of blankets, Jiangsu
Kingday Textile Co Ltd will sign a MoU.
The delegation will sign three MoUs with Chinese companies in its second destination - Chengdu.
The
delegation will meet industrialists, investors and businessmen inviting
them to explore investment opportunities in the state.
This is
the fifth foreign visit by Naidu since assuming office in June last
year. He twice visited Singapore. Naidu also toured Japan.
He visited Davos to attend World Economic Forum meeting.