High Power Chinese Delegation with Chief Minister
Vanam Jwala Narasimha Rao
Two MoUs were signed between the visiting Chinese companies led by Sany
Group from China and Telangana State Government. First MoU is for establishing
a Prefab concrete manufacturing factory, signed by Sany Group represented by Haijen
Deng, Secretary of Sany International Housing and M. Dana Kishore, Secretary
Housing Department, Government of Telangana.
Another MoU is for implementing the Dry Port Solutions, signed by Secretary
Industries and Commerce Jayesh Ranjan and Chairman of the port of Sany Heavy
Industry Wengen Liang. A high powered delegation from China consisting of
Chinese companies led by Sany Group had a joint meeting for cooperation on
Telangana development with Government of Telangana on 16th October evening at
Falaknuma Palace, Hyderabad.
Chief Minister Sri K. Chandrashekhar Rao attended the meeting as Chief
Guest. Speaking on
the occasion CM thanked members of the visiting delegation for accepting his invitation
to visit Telangana. He also welcomed them for their preparedness to invest in
Telangana. CM also mentioned about the State Industrial Policy and about
various welfare measures taken by his Government for the benefit of the poor like
construction of Two Bed Room houses for the poor. He recalled his visit to China and also the
love and affection shown by the Chinese people wherever he went. He told them
to make best use of Telangana for investments.
Minister for Industries Jupally Krishna Rao, Minister for Panchayat Raj
and Information Technology K. T. Rama Rao, Minister for Housing Indrakaran
Reddy, Minister for Finance Etela Rajendra, Minister for Energy G. Jagadish
Reddy, Senior officers of the State Government participated in the meeting.
The 45 member delegation from 14 Chinese companies
consisted of investors, Infrastructure Corporation Heads, Heads of construction
corporations and others having interest in the development activities in the
state of Telangana. Delegation included
among others Chairman, President and Vice-President Sany Group Liang Wengen,
Tang Xiuguo and Duan Dawei respectively; Sany India Director and CEO Deepak
Garg; Vice-President CCTEG Shenyang Engineering Company Zhang Keshu;
Vice-President China Minsheng Investment Corporation Chen Guogang; Chairman
China Coal Mine Construction Group Corporation Xhao Shibing; Vice-President
Power Construction Corporation of China Zeng Xingliang; Chairman CHINT Group
Company Nan; Vice-Chairman and Vice-President Golden Concord Holding Limited
Shu Hua and Tzou Sean respectively; Vice-President Lianyungang Port Holding
Group Companies Li Chunhong; Vice-President State Power Investment Corporation
Ma Lu and CEO Tebian Electric Apparatus Stock Company. Others include Xue Jian from Chinese Embassy, Siddhartha Anand and Priya Rawat from Invest India.
Secretary
Industries and Commerce Jayesh Ranjan introduced the Chief Minister, Cabinet
Ministers and Officers of Telangana to the visiting delegates. Special Chief
Secretary K. Pradeep Chandra welcoming the guests said that within a month
after CM visited China the delegation has come here indicating the keen
interest of Chinese companies in Investing in Telangana State. A Short video presentation on the
advantages of Telangana for investment was shown to the delegation. As a part of video 9 areas of opportunities for
investment in Telangana namely Dry ports, Power Generation, Power distribution,
Coal Mining, Social Housing, Road Development and Logistic parks in HMDA were
explained to the delegates. Details of the Road Development plan in Hyderabad
City were also explained. He said that Dry Port is a high priority project and consolidation
of cargo at state level will help optimise costs for exporter and importers. He
also said that once a dry port comes the state’s economy will get a boost.
Chief
Minister, Ministers present and the officials of Telangana Government and the
delegates of the Chinese companies had dinner together after the meeting.
Sany Group has total assets of USD 18 Billion and has branches in 100
countries all over the globe. It has its presence in manufacturing and R and D
facilities in India also. Sany was established in 1989 and is the Chinese
number one and the world’s number five construction machinery manufacturer. Its
products include concrete machinery, excavators, pile driving machinery, wind
turbines etc. Sany was established in 2002 and is the second largest entity of
Sany globally.
CCTEG Shenyang Engineering Company is the first professional coal
design company in China. It was established in 1952. As part of its global
presence it has project cooperation countries in USA, Poland, Australia,
Russia, Belgium, Sweden, Japan and Germany. China Minsheng Investment
Corporation has total assets in USD amounting to 12. 5 billion is a global
private financial investment company. With Head Quarters in Shanghai it has
branches in Hong Kong, Singapore and London. It has also formed a global
advisory council in January 2015. It is a leading international private financial
investment group with 50 billion Yuan in registered capital. It was established
in 2014. It has launched 59 prestigious enterprises.
The China Coal Mine Construction Group Corporation was established in
1989 and is a leading company in the mine construction industry. It has
projects in Laos, Vietnam, Turkey and India. It has a registered office in
Kolkata since 2015. Power Construction Corporation of China was founded in
2011. They provide comprehensive and full range of services from planning,
investigation, designing, consulting, civil works construction to M & E
installation and manufacturing services in the field of hydropower, thermal
power, new energy and infrastructure. Their business also extends into real
estate and investment. It is Head quartered in Beijing.
Chint Group with total assets of USD 34
billion has its Head Quarters in Wenzhou, Zhejiang. It deals with low voltage
apparatus and power transmission. The group has promoted its products to more
than 100 countries and areas and it ranks one of the top 500 Chinese
enterprises in terms of the overall strength. Chint group was founded in 1984.
It is China’s leading enterprise in the industrial electrical equipment sector
as well as in the new energy sector. From 2011 the group has cooperated to
build 11 huge solar power plants in India with a significant rise from 2013.
Golden Concord Holding Limited which is in the field of energy and with Head
Quarters in Hong Kong was established in 1990. Being China’s largest non-public
electric power holding company it is also the world’s largest manufacturer of
photovoltaic material. Its industrial park program in India is in the process.
Lianyungang Port Holdings Group is into
Transportation industry and has its Head Quarters in Lianyungang. It has
interest in cooperation with Indian Ports. State Power Investment Corporation
is into Power Industry and has its headquarters in Beijing. It has its presence
in 35 countries including Japan, Turkey, Pakistan and Brazil. It is said to be
the only integrated energy group in China that holds assets of hydropower,
thermal power, nuclear power and new energy. It is also one of three nuclear
power developers and operators in China. TBEA Energy India is a Heavy Machinery
industry and has branches in many countries with headquarters in Liaoning,
China. It manufactures high voltage transformers, wires and new energy
material. It is established in 2010. It is the first green energy park in
India.
It may be recalled that during his visit to
China to attend world economic forum meeting, Chief Minister had a series of
bilateral meetings with leading Chinese Industrial Companies and prospective
investors. He also addressed a meeting organized by CII and Government of
Telangana to explain the investment opportunities in the state in which more
than 65 Chinese entrepreneurs and companies participated. Then the Chief Minister also briefed the
representatives of these companies in detail about the facilities available in
Telangana for them to invest in their respective fields of operation. In return
they have shown keen interest in the state and expressed their willingness to
visit the Telangana State as early as possible for further discussions.
Accordingly the delegation is visiting in Telangana and met the CM. End
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