Gujarat delegation explores business ops in Hong Kong

The 12-member business delegation that toured different Chinese cities -- the last being Hong Kong -- to scout for investment opportunities, held a series of meetings with top corporate groups and business organisations in the country.

At a seminar organised by the India & Hong Kong Chamber of Commerce, the delegation showcased the progress made by Gujarat and the opportunities the state offers, said a statement.

In view of huge opportunities available in Gujarat these companies are keen to invest in the state and develop large infrastructure through public private partnerships, it said.

Investors, it said, displayed keen interest and inquired about investing in the State's financial and infrastructure sectors.

The delegation also briefed the audience in Hong Kong about the state-sponsored private equity investment company - Gujarat Venture Finance Limited as well as about its operations and funds where Hong Kong based investors could make investments.

The delegation met leading companies including those having interest in power, construction, and urban transport along with major financial institutions based in Hong Kong.

Projects like urban transport, Dholera Special Investment Region, Gujarat International Finance Tech-City city project, industrial parks among others attracted serious interest, statement said.

The Consulate of India in Hong Kong had a detailed briefing of the delegation and plans to actively work with apex organisations and associations to facilitate participation of their members in Vibrant Gujarat 2013 Summit.

The delegation during its visit to China and Hong Kong explored trade and business opportunities, following up on the last year's visit of Gujarat Chief Minister Narendra Modi to China.