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Shenzhen govt commits $200 mn for ZTEsoft’s smart city projects in Gujarat

Our Bureau Ahmedabad | Updated on January 22, 2018

What will give a further boost to the smart urban transport and civic services in Ahmedabad and Gandhinagar, Shenzhen city, which comes under the Central Government of China, has announced a commitment to invest $200 million (approx ₹1,300 crore) in ZTEsoft's smart city projects for Ahmedabad and Gandhinagar.

"During the visit of India's Prime Minister Narendra Modi in May this year, Shenzhen government had signed two memorandums of understanding (MoUs) with Gujarat government to co-operation and expertise in developing smart cities in the state. We will invest $200 million in ZTEsoft which is implementing smart city projects in Gujarat," said Tain Fu, standing committee member of CCP Shenzhen committee, who was in Gandhinagar to announce the investment on Saturday.

Shenzhen will offer its resources, including financial, to develop and implement various facilities for smart cities in Gujarat. ZTEsoft is a subsidiary of ZTE Corporation, the largest public telecom equipment manufacturer in China. 

“We will provide ICT assistance for smart cities project in Ahmedabad and Gandhinagar. We will implement the projects in association with Municipal Corporations of Ahmedabad and Gandhinagar. We will work on modules such as smart transportation, e-governance, wireless, waste management,” said Prasoon Sharma, managing director for India and South Asia, ZTEsoft Technology.

Published on November 29, 2015

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