China???s Wanda Group submits proposal to build township in Haryana

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Wanda Group, one of the largest real estate developers in China, has submitted a proposal for setting up a greenfield integrated industrial township in the Sonpat district of Haryana in a joint venture with the Haryana State Industrial and Infrastructure Development Corporation Limited (HSIIDC).

The joint venture would develop, operate and manage the integrated industrial township at Kharkhoda in Sonipat district.

As per an official spokesperson, the sponsors expect that the joint venture to catalyse investment worth Rs 65,000 crore and generate 34,000 direct jobs.

The project at Kharkhoda would fall within the Delhi-Mumbai Industrial Corridor and the National Capital Region.

???Jointly developed by Wanda Group and the HSIIDC in phases over 2,800 acres, it will house companies engaged in software, automotive manufacturing, machinery, healthcare education, smart housing appliances and food processing,??? the spokesperson stated.

The spokesperson further stated a residential township is integral to the project, including all civic amenities and social infrastructure, which would be created to develop a 4th generation integrated industrial township. Additionally, a ???cultural tourism city??? would also be developed as part of the project.

Source : urbanewsdigest



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