AP Govt to ink 13 MoUs with Chinese firms.

The Andhra Pradesh delegation to China led by Chief Minister N Chandrababu Naidu will ink 13 Memorandam of Understandings (MoUs) with various Chinese companies during the six-day tour to the country.

In the first leg of the visit to Beijing, the delegation will sign six government-to-business (G2B) MoUs.

The Government will sign an MoU with Camel Group Company Ltd. – a company that is engaged in the research and development, manufacture, distribution and recycling of storage batteries.

Another MoU will be signed with industry body, China Council for the Promotion of International Trade (CCPIT). The CCPIT promotes China’s international economic and commercial interests. The delegation will sign another MoU, CCPIT with the council in the construction sector.

Following Guizhou International Investment Corporation delegates’ visit to Vizag in November last year, the government will ink an MoU with the Corporation.

The government will further sign an MoU with Sinoma International Engineering Company Ltd. which operates in equipment manufacturing and supply and engineering sector.

Another MoU will be signed with New Hope Liuhe Company Ltd. The firm engages in integration of farming industry operations, such as feed production, livestock breeding and slaughtering, and meat processing.

Under the business-to-business (B2B) segment, Vertex Cements (India) and Sinoma will sign an MoU. Vertex Cements has already come forward to set up their cement unit at Gangavaram in Guntur district.

Leading manufacturer and supplier of apparels Brandix and Chinese professional manufacturer and exporter of blankets, Jiangsu Kingday Textile Company Ltd will sign an MoU in Beijing.

In their second destination - Chengdu, the state government will sign three MoUs with the Chinese companies, according to a release.


HBL