China signs 15 MoUs worth $590 million with Gujarat government for co-operation in various sectors

$590K USD

Funder	Guangdong Provincial Government
Recipient Organization	State Government of Gujarat
Country	India
Start Date	Sep 16, 2015
End Date	Feb 19, 2032
Duration	6,000 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`54139`

Grant Description

On September 16th, 2015, the Guangdong Provincial Government signed 15 memorandums of understanding with the Gujarat government worth an estimated $590 million to formalize action plans to co-operate in various sectors, including the construction of industrial parks in Gujarat.

The MoUs also cover projects in energy, infrastructure, agriculture, electronics, information technology, electronics, and pharmaceuticals. The specific details and sub-projects of the MoUs were not reported.

📚 Sources & References

Guj
Guangdong sign MoU for mutual cooperation
Indian
Chinese firms ink 15 MoUs worth USD 590 million
MoUs worth $590 million across 15 projects bagged on Guangdong’s tete-a-tete with Gujarat Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.