AIPUR (Rajasthan), Jan 16 (Bernama) — The northern Indian state of Rajasthan has an ambitious plan to build a 20,000 km road network and wants Malaysian firms to participate in the projects.
The plan, to be executed through public-private partnership (PPP) mode, was announced during the state’s 2014-15 Budget. The first phase of 29 packages will comprise of 8,910 km or 132 highways.
“We are really keen to have the investments from Malaysia,” Chief Minister Vasundhara Raje said during her bilateral meeting with Minister of International Trade and Industry Datuk Seri Mustapa Mohamed on the sidelines of the Confederation of Indian Industry (CII) Partnership Summit 2015 here today.
Also present at the 10-minute meeting was Malaysian High Commissioner Datuk Naimun Ashakali Mohammad.
Vasundhara, who expressed hope the venture would pave the way for many fruitful relationships, also invited Malaysia to be a partner country for the state’s largest investor meet, Resurgent...
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June 16, 2015 , by admin2
NEW DELHI, Jan 21 (Bernama) — The ‘Make In India’ campaign which aims to attract more investments to the country offers immense potential for Malaysian firms, especially the construction and infrastructure companies.
While the campaign is slanted towards the manufacturing sector, the latter needs a conducive ecosystem to flourish including infrastructure, in which Malaysia is a strong player.
“We are not strong in the manufacturing sector, but we can participate in infrastructure development,” Minister of International Trade and Industry Datuk Seri Mustapa Mohamed, who recently concluded a trade and investment mission to India, said.
Malaysia is no stranger in India’s infrastructure development.
According to the Construction Industry Development Board (CIDB), Malaysian firms have completed infrastructure projects worth US$5.1 billion (RM18.17 billion) in India.
Malaysian construction and infrastructure companies have vast opportunities opened up in India’s effort...
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