MOUs, partnerships announcements on day one of Rajasthan Summit

The two-day Resurgent Resurgent Rajasthan Partnership Summit opened here on Thursday with signing of memoranda of understanding (MoUs), announcements of strategic partnerships and investment intent in a number of sectors including roads and healthcare.

The summit, which was inaugurated by union Finance Minister Arun Jaitley here on Thursday, will have strategic conferences, panel discussions, round-table deliberations, presentations and one-on-one business meetings.

The summit has brought together investors from all over the world for interacting with policy makers, including the political leadership, government officials and, local business leaders on the investment environment and opportunities in Rajasthan.

The state government signed an MoU worth Rs.10,000 crore with Construction Industry Development Board, Malaysia.

"This agreement with Malaysia will give a big fillip to the road development efforts in Rajasthan. The investment will be utilised for the construction of state highways and development of district roads," D.B. Gupta, Rajasthan's principal secretary for the Public Works Department, said in a statement.

Another MoU was signed between the Rajasthan government and Bosch Limited to set up facilities for skill training at 33 government ITIs, one in each district. These will be multi skill centres of excellence.

Besides, biotech company Biocon has decided to adopt 25-30 primary medical healthcare centres and convert them into e-healthcare centres.

Similarly, Japanese companies signed four MoUs. The MoUs were signed in the auto, logistics and air-conditioning categories with Nagano Products, Daikin Air-Conditioning, Nippon Express, Sankyu Indian Logistics & Engineering.

An MoU was also signed between the Rajasthan Housing Board and Singapore Cooperation Enterprise.

As part of the agreement, Singapore will assist Rajasthan to develop two new townships in Jodhpur and Udaipur, with concept planning and infrastructure engineering.

"Urban Housing is our core expertise. We have offered better housing every five years to our citizens and will be glad to use our expertise in Rajasthan," Singapore's Home Affairs and Law K. Shanmugam said in a statement.

Shanmugam also revealed that Scoot, a group company of Singapore Airlines, would soon commence direct flights between Jaipur and Singapore.