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CM invites Chinese banks for extending easy loans in low-cost housing project for urban poor in Gujarat

Expresses interest in partnering with Sichuan for R&D in Disaster Management field

Chief Minister Narendra Modi on Friday evening met Communist Party of China’s (CPC) secretary of Sichuan province Mr. Liu Quibao in Chengdu and discussed about developing partnership between Gujarat and Sichuan province in mutually beneficial areas.

Mr. Quibao, who also possesses a strong hold in CPC, welcomed the Chief Minister. He thanked Mr. Modi for extending generous help during the devastating earthquake which took place in Sichuan three years back.

Chief Minister expressed interest in establishing partnership between Gujarat and Sichuan for the research and development in disaster management field since both Gujarat and Sichuan falls in the category of earthquake-prone zones.

Chief Minister also expressed interest in using anti-quake house building technology developed by Sichuan for the construction of houses for poor in Gujarat.

Mr. Modi invited Chinese banks to come in Gujarat and offer loans on easy rates as the scheme for low-cost housing is taking place in Gujarat on a grand scale.

Mr. Quibao showed eagerness in partnering with the State in the field of information technology, telecom, and tourism and in the development of natural resources.

Mr.Quibao also hosted a special dinner for the Gujarat Chief Minister and his delegation.

Sources: Gujarat Information Bureau

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