ID :
162584
Mon, 02/21/2011 - 05:41
Auther :
Shortlink :
https://oananews.org//node/162584
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INDIA READY TO ROLL OUT MORE PROJECTS FOR MALAYSIA, SAYS SAMY VELLU
KUALA LUMPUR, Feb 21 (Bernama) -- India, which has announced close to US$1 trillion (RM3 trillion) worth of potential infrastructure projects in the next seven years, is now gearing for Malaysia’s aggressive participation in several mega projects.
Malaysia’s Special Envoy on Infrastructure to India and South Asia, S. Samy Vellu, who has been making several trips to the continent, told Bernama here Sunday that he had held a series of talks with Indian federal and state leaders over the past two months.
“We have shown our interest in several road and highway projects through joint ventures with Indian firms,” said Samy Vellu, who was instrumental in sealing more than US$20 billion (RM60 billion) worth of infrastructure projects between Malaysian and Indian firms during his tenure as the works minister.
Samy Vellu, who was appointed to the post with a ministerial rank on Jan 1, is confident that more Malaysian firms could land lucrative projects in India through joint ventures with Indian companies.
He met newly-appointed Indian Road Transport and Highway Minister Dr C.P. Joshi last Thursday in New Delhi and has discussed several potential infrastructure projects with the chief ministers of Gujarat and Andhra Pradesh.
Samy Vellu said he also discussed with visiting Indian Minister of Trade and Commerce Anand Sharma here last Friday the difficulties faced by Malaysian firms in bidding for projects in India.
Among the projects bid by Malaysian firms are projects to build highways between Ichapuram and Anandapuram in Andhra Pradesh and Udaipur and Ahmedabad in Gujarat.
The projects, which are estimated to be worth billions of ringgit, would be undertaken through joint ventures with Indian firms, he said, adding that talks were underway to secure the projects.
Even before his appointment, Samy Vellu had facilitated the signing of a memorandum of understanding between Malaysia’s Hopetech Sdn Bhd and India’s Punj Llyod late last year for a centralised toll collection system.
Samy Vellu said he was also pursuing housing projects with the state governments of Gujarat and Andhra Pradesh to cater for the increasing demand for flats for slum dwellers.
He said a Malaysian company had submitted proposals to the two state governments to bid for the projects through joint ventures.
Samy Vellu said Malaysia had also proposed to the Gujarat government to set up a skills training centre for youths.
Malaysia’s Special Envoy on Infrastructure to India and South Asia, S. Samy Vellu, who has been making several trips to the continent, told Bernama here Sunday that he had held a series of talks with Indian federal and state leaders over the past two months.
“We have shown our interest in several road and highway projects through joint ventures with Indian firms,” said Samy Vellu, who was instrumental in sealing more than US$20 billion (RM60 billion) worth of infrastructure projects between Malaysian and Indian firms during his tenure as the works minister.
Samy Vellu, who was appointed to the post with a ministerial rank on Jan 1, is confident that more Malaysian firms could land lucrative projects in India through joint ventures with Indian companies.
He met newly-appointed Indian Road Transport and Highway Minister Dr C.P. Joshi last Thursday in New Delhi and has discussed several potential infrastructure projects with the chief ministers of Gujarat and Andhra Pradesh.
Samy Vellu said he also discussed with visiting Indian Minister of Trade and Commerce Anand Sharma here last Friday the difficulties faced by Malaysian firms in bidding for projects in India.
Among the projects bid by Malaysian firms are projects to build highways between Ichapuram and Anandapuram in Andhra Pradesh and Udaipur and Ahmedabad in Gujarat.
The projects, which are estimated to be worth billions of ringgit, would be undertaken through joint ventures with Indian firms, he said, adding that talks were underway to secure the projects.
Even before his appointment, Samy Vellu had facilitated the signing of a memorandum of understanding between Malaysia’s Hopetech Sdn Bhd and India’s Punj Llyod late last year for a centralised toll collection system.
Samy Vellu said he was also pursuing housing projects with the state governments of Gujarat and Andhra Pradesh to cater for the increasing demand for flats for slum dwellers.
He said a Malaysian company had submitted proposals to the two state governments to bid for the projects through joint ventures.
Samy Vellu said Malaysia had also proposed to the Gujarat government to set up a skills training centre for youths.
