Guangdong-Gujarat firms sign contracts for industrial park, China town and more

Ahmedabad

Contract signing ceremony was held today during China(Guangdong) – India(Gujarat) Economic and Trade Cooperation Conference 2015 at Hyatt hotel in Ahmedabad today morning in presence of Governor of Guangdong province Mr Zhu Xiaodan and Chief Secretary of Gujarat Shri AR Aloria. Deputy Director General of Department of Commerce of Guangdong province(China) and Industry Secretary(ACS) Arvind Agrawal were also present during the contract signing ceremony.

Some of the contracts signed on this occasion include Co-construction contract of Ahmedabad Industrial park between Guangdong Wangtat construction and investment holding group and Apollo group of companies, investment contract of construction of Industrial park between Guangdong Wangtat construction and investment holding group and Payal properties pvt ltd and investment cooperation agreement of China town between Silkroad development holdings ltd and Vasundhara infra-developers. It should be mentioned that China is in process to setup an industrial park cum China town in Gujarat, memorandum of understanding(MoU) on which was signed in presence of Chinese President Xi Jinping and Indian Prime Minister Narendra Modi at same hall of hotel Hyatt in Ahmedabad last year.

Some of the other contracts signed today include three parties cooperation agreement of crossborder E-commerce cooperation agreement between SFC service ltd global private and Gati, investment cooperation agreement between INDASIAN technology co ltd and BAM holding company, trade contract of cotton yarn between Guangdong Silique International Group Co Ltd and Shah Silk and Fabrics, investment contract of Sheng Long Bio-Tech between Guangdong Haid Group Co. Ltd and Government of Tamil Nadu, investment cooperation agreement of CCM metallurgy technology between Changcheng Investment Shenzhen Co Ltd and SS Ispat, trade contract of LED illuminators between Shenzhen CYT Opto-electroinic Technology Co. Ltd and BOISI and agreement on cross border e-commerce for furniture products by Foshan Shunde Woridmart Furniture Co Ltd.

Background

In order to actively implement the consensuses reached by both state leaders during their exchange visits, jointly promote the construction of 21st century Maritime Silk Road, strengthen the state-province friendly exchanges, deepen the trade and investment cooperation and promote the common prosperity and development, the China(Guangdong)-India(Gujarat) Economic and Trade Cooperation Conference 2015 is hosted in Ahmedabad by People’s Government of Guangdong Province of China, co-organized by Department of Commerce of Guangdong Province and Industrial Extension Bureau of Gujarat.

The special supporters are the Embassy of the People’s Republic of China in India and the Government of Gujarat. Federation of Indian Chamber of Commerce and Industry, Confederation of Indian Industry, India China Economic and Cultural Council, Gujarat Chamber of Commerce and Industry and Consulate General of India in Guangzhou, are supporters. Governor of Guangdong Province, Mr Zhu Xiaodan has led a Gunagdong delegation including more than 50 companies and chamber of commerce to attend the conference. Together with the Gujarat government officials and representatives from the commerce and business circles, there are more than 300 people participating in this conference.

– DeshGujarat

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