India and China may work on an integrated township in Navi Mumbai

Chinese construction firm, China Fortune Land Development Co Ltd (CFLD), has expressed interest to work with CIDCO in order to create an integrated township in Navi Mumbai and the focused area is centred in Navi Mumbai International Airport Influence Notified Area (NAINA).

A MoU has been signed between CIDCO Vice-Chairman and Managing Director Bhushan Gagrani and CFLD President (west coast region) Wayne Liu in the presence of Chief Minister Devendra Fadnavis in Mumbai.

NAINA is set to come up on 600 hectares of land encompassing 270 villages in Raigad, in the proximity of the upcoming Navi Mumbai Greenfield airport. ???NAINA is devised to be one of its kind model city in India to fall in the worldwide phenomena of urbanisation,??? said Fadnavis.

Gagrani stated that CFLD has offered to develop an integrated township through private-public participation in NAINA. ???This is the initial stage of MoU??? Soon a high-level joint committee comprising officials of the state government and local authorities will be constituted to chalk out the modalities and plan for the strategic partnership,??? he said.

CFLD, through PPP model, would provide a package of solutions for the development of the integrated township. It would plan, invest, build and operate public facilities such as city infrastructure, sewage disposal, heat power supply and schools and hospitals.

CFLD president Jerry Zhao said that his company was looking at investments in Maharashtra as it has a conducive atmosphere for growth.

Source : urbannewsdigest