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Haryana: New JV for industrial township

Chinese company would develop infrastructural facilities, industrial units and residential and commercial projects in the township

Jyoti Mukul  |  New Delhi 

China Fortune Land Development (CFLD) is planning to develop an industrial township on 1,500 acres, spread across Sohna and Manesar in the Gurgaon district of Haryana. The township will cost Rs 33,595 crore and will be developed with Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), by forming a joint venture. The agreement was signed by Sudhir Rajpal, managing director of HSIIDC, and Jerry Zhao, president of CFLD.   Chief Minister Manohar Lal Khattar said that under the agreement, HSIIDC and CFLD company would form a joint venture to execute the ...

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First Published: Mon, July 04 2016. 00:16 IST
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