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Our Bureau

Kolkata , Sept 4

An industrial complex exclusively for investors from China is to be set up in Haldia soon.

An expression of interest (EoI) in this regard was signed on Monday between the State Government and Jiangsu Overseas Group Corporation (JOGC) of China.

A four-member delegation from JOGC led by Mr Huang Hongliang had its first meeting with senior officials of the State Government and the West Bengal Industrial Development Corporation.

When contacted, Mr Sabyasachi Sen, Principal Secretary (Commerce & Industry), who was a signatory, said hat a few sites were shown to the Chinese delegation.

They found Haldia the most suitable because of the port facility.

It was decided that the proposed complex would be set up on 250 acres, which would be arranged by the State Government's agency as a facilitator but the entire land wound be purchased by JOGC at market price.

Mr Sen said that JOGC would take the responsibility of identifying Chinese companies from different manufacturing areas.

It would play the role of developer of the complex. A timeframe for the completion of the project and the size of investment would be decided after receiving further feedback from JOGC.

Later, the Chinese delegation met the members of the Bengal National Chamber of Commerce & Industry (BNCCI).

It was pointed out that many Chinese companies were keen to set up manufacturing units in West Bengal, and the products to be produced here would be marketed in India and also other countries.

Welcoming the delegation, the BNCCI President, Ms Nayantara Palchoudhuri, said that Indian industry was keen to explore opportunities for joint collaboration in the areas of specialty chemicals and pharma, textile yarn, steel, marine, process food items, and so on.

More Stories on : Foreign Direct Investment | Infrastructure | West Bengal

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