Three MoUs to be inked during Chinese Prez's Gujarat visit

Three MoUs related to Gujarat, one of them for setting up an industrial park near Vadodara, will be signed in the presence of Prime Minister Narendra Modi and Chinese President Xi Jinping during their meeting on September 17.

Ahmedabad: Three MoUs related to Gujarat, one of them for setting up an industrial park near Vadodara, will be signed in the presence of Prime Minister Narendra Modi and Chinese President Xi Jinping during their meeting on September 17.

Xi will start his India visit from here on Wednesday and he will be welcomed by Modi, who will turn 64 on that day.

Giving details of these MoUs, Finance Minister Saurabh Patel said the agreement to develop industrial parks will be signed between China Development Bank (CDB) and Industrial Extension Bureau (iNDEXTb) of Gujarat Government.

"For the promotion of bilateral trade and setting up industrial parks in Gujarat, especially for electronics and electrical goods, China Development Bank (CDB) will sign an MoU with iNDEXTb on 17th September," he said at a press conference on Sabarmati riverfront here today.

Modi will host a private dinner for the Chinese President on Sabarmati riverfront.

"Many Chinese firms are keen to invest in Gujarat. They have also identified some places, like one at Karjan in Vadodara, to set up an industrial park," said Patel.

The other two MoUs are related to services sector.

"One MoU will be signed between Guangdong province and Gujarat Government. Another will be between Guangzhou city and Ahmedabad Municipal Corporation (AMC). These MoUs will facilitate exchange of ideas and services between Gujarat and China," said Patel, who was accompanied by Road and Building Minister Nitin Patel at the press meet.

The MoUs will be inked at a luxury hotel. Besides Modi and Xi, Gujarat Chief Minister Anandi Patel, her Cabinet colleagues, members of Chinese delegation and several top businessmen from the State will attend the event.

"Though businessmen have been invited, no MoU will be signed between them and Chinese Government that day. It is possible that agreements between them will be signed when the Chinese President visits Delhi," said Patel.

Meanwhile, both Ministers took stock of preparations at the riverfront ahead of Xi's visit.

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