Chinese Companies To Invest $500 Million In Kakinada Sez

[DappuSubani]

SHANGHAI: Bengaluru based GMR Infrastructure Limited (GMR) on Monday said it has entered into an agreement with GIIC to set up industrial park in its SEZ here in Andhra Pradesh attract an immediate investment of $500 million. 

Guizhou International Investment Corporation (GIIC) is a consortium of three leading Chinese manufacturing companies.

In a statement, the company said Chinese companies from power equipment, electronics, wind & solar energy, smart technologies and other sectors are planning to set up their manufacturing units in Kakinada SEZ (KSEZ). 
 

 

An investment of $500 million has been planned by the Chinese consortium to develop the infrastructure and other facilities in the industrial park which will house some of the leading Chinese manufacturing industries. 

[cherlapallifailure]

GP

[siru]

Sez valla govt ki tax money em ravu kada

[DappuSubani]

Sez valla govt ki tax money em ravu kada

but mfg anni ikkada chestaranta atleast jobs vastayi ga 

[rapchik]

so ranu ponu easy ayithadhi...illa submarine lo dhakoni indian ni gelkadam waste...direct ga business ani vachi war cheyadam better

[micxas]

think_ww

[CKR]

China kante cheap labour inkekkada undadu.. I dont understand why they are investing in AP, the article also says it will have chinas leading manufacturing companies.. think_ww think_ww think_ww