Foreign firms' infrastructure push with 16 MoUs

| | Ranchi
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Foreign firms' infrastructure push with 16 MoUs

Tuesday, 21 February 2017 | Pranav Pratyush | Ranchi

Desperately requiring a booster dose for improving the infrastructural sector in the State, the Government is looking forward to a huge push to the sector through the implementation of 16 MoUs it has signed with foreign firms out of the total 210 MoUs during the two-day Global Investors’ Summit here.

The MoUs signed with companies from Russia, China, Japan, Belarus, Canada among others mostly focus on infrastructure sector with some of them interested in the transportation and manufacturing sector.

looking forward to the first stage monitoring of the MoUs as promised CM Raghubar Das has called a review meeting with the senior government officials on Tuesday where the status of the implementation of the MoUs would be assessed and given a go ahead by the government.

During the summit the government had signed MoUs with loud Shout Inc (lSM Group of Companies, Canada),  Akis Tech ltd. (Moscow, Russia), Coalo Global AB (Sweden), COlAS (France), COOlIGHT (France), Miyota Power Pvt. ltd., NGPI Herculis Holdings ltd, The Milky way (Tianjin), loud Shout Inc (lSM Group of Companies, Canada), Chengdu Xingrong Group Co ltd, Skyway Systems, Belarus and Tenaci Engineering Pvt. ltd among others.

The MoUs are meant to give a fillip to the housing, transportation, Metro project, Waste to Energy, Smart City Development, Solar Penal manufacturing, lED manufacturing, Energy Transmission and distribution, Urban Development and other projects in the State with over Rs 93,000 crores coming through the investments. 

Additionally, the government has also signed MoUs with IT giants such as Microsoft India to explore Cloud, machine learning and mobile-based solutions to improve citizen services and provide better facilities in the fields of education and agriculture.

Microsoft will work with Jharkhand government to support the development of Cloud and mobile-based solutions and support the use of machine-learning and advanced visualisation to help solve challenges in the fields of agriculture and education.

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