Liu Guoyu, Commercial Counsellor of the Chinese Consulate in Mumbai, outlines the measures that India and China can take to boost their partnership in the infrastructure domain for a mutually beneficial relationship.
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FDI Ultimate Game Changer
Though investment in infrastructure is expected to touch $1,025 billion in the Twelfth Five-Year Plan (2012-17), many hurdles are choking investment inflows despite the government´s overdrive to attract funds. The government´s recent decision to open up the railway sector to Foreign Direct Investment (FDI)
Air travel in smaller cities to take off
The Union Civil Aviation Minister Ashok Gajapathi Pusapati Raju said his ministry is focusing on improving air connectivity in the country. The ministry has cleared six proposals allowing them to launch airlines after getting the requisite approvals.
Mutual benefits
China´s interest in supporting development of the infrastructure sector in India will lead to a win-win situation for both the economies, says Prabodh Thakker, President, Indian Merchant´s Chamber. Excerpts China is keen to finance India´s infra development plan.
Odisha, AAI to develop Jharsuguda airport
The Odisha government has signed a memorandum of understanding (MoU) with the Airports Authority of India (AAI) for developing an airport at Jharsuguda in western Odisha at a cost of Rs 210 crore.
Odisha, AAI to develop Jharsuguda airport
The Odisha government has signed a memorandum of understanding (MoU) with the Airports Authority of India (AAI) for developing an airport at Jharsuguda in western Odisha at a cost of Rs 210 crore.
Odisha, AAI to develop Jharsuguda airport
The Odisha government has signed a memorandum of understanding (MoU) with the Airports Authority of India (AAI) for developing an airport at Jharsuguda in western Odisha at a cost of Rs 210 crore.
Govt to develop 5 airports
The Civil Aviation Ministry will start the development of five no-frills airports and award management contracts of four airports to private operators in the current financial year.
Cargo operations at 24 airports
The Civil Aviation Ministry has identified 24 airports for the development of domestic air cargo terminals. The governments plan calls for the creation of a national logistics network for the faster movement and clearance of goods
PEL partners with APG for $1billion infra JV
Piramal Enterprises Ltd (PEL) is tying up with the worlds second largest pension fund APG Asset Management (APG) to invest $1 billion in Indias roads, ports, airports, power plants, telecom towers, the education and healthcare sectors.