The Gujarat government has signed MoUs with a Chinese enterprise to attract investments worth Rs 29,000 crores in the state. The MoUs, inked in Beijing during chief minister Anandi Patel's visit to China, would assist the state in building the Smart City project and along with RS 10,000 crores for a textile park in Sanand, followed by an industrial park in Gujarat, an official statement said.
"An MoU signed between the China Small and Medium Enterprise Investment (CSMEI) and iNDETXb (Industrial Extension Bureau)- a Gujarat Government entity - envisions $ 3 billion (Rs 19,000 crores) investment for the Smart City project in Gujarat," said the statement, adding, "Gujarat's Additional Chief Secretary (Industries and Mines) Arvind Agarwal exchanged MoU documents with Guo Zhixin, Deputy Secretary General, CASME, in presence of Chief Minister Anandi Patel.”
Patel on a six-day visit to China, also inked a pact with CSMEI to set up a Rs 10,000 crores industrial park in the state. She was part of the delegation that accompanied Prime Minister Narendra Modi during his tour of the neighbouring country.
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