A Chinese consortium will invest in various projects in Amaravati
A consortium of three Chinese manufacturing companies, GIIC’s (Guizhou International Investment Corporation) representatives said that the company seek policy for investments would invest in various projects in Amaravati after State government evolves a policy.
P. Narayana
On Tuesday, P. Narayana, Municipal Administration Minister and CRDA officials arranged discussions with the GIIC representatives regarding the desired investments. Minister said that the consortium has already taken decision about financial assistance.
The GIIC has submitted designs for it already.The representatives of the company have made a presentation on projects, including thermal, hydel and wind power in China. They are all set to go but waiting for the governmental policy.