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Maha govt, Quebec ink pact for greater economic cooperation

Press Trust of India  |  Mumbai 

The government and Canada's province have signed a pact to increase the economic cooperation, specially in areas like information technology, biotechnology, and welfare of the tribal community.

Devendra Fadnavis, who is on a week- long tour to the US and Canada, signed a Memorandum of Understanding (MoU) to this effect with today.

"We also discussed ways to increase our collaboration over knowledge-sharing on ports as today has the strength of majority of youngest population," Fadnavis said in a statement.

The also met Pierre Beaudoin, chairman of the Board Corporate office of Bombardier Inc, a multinational and company and the world's leading manufacturer of aircraft and trains in

Fadnavis said has assured support to the Metro and Monorail Transport Infrastructure, "that will change the shape and future of mobility."

He also met Michael Sabia, the of (Caisse de dpt et placement du Qubec), an which manages funds over USD 298 billion.

It will help attract more Canadian pension funds investment in India, Fadnavis said.

He said has agreed to with some companies in and also shown interest in working with retail partners.

Fadnavis also highlighted the Maharashtra Samruddhi corridor, logistic parks and some other projects in the state as the "perfect options for investment.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, June 13 2018. 12:25 IST