» KCR Urges Shanghai Bank For Funds For Power, Irrigation Projects
In China, KCR Urges Shanghai Bank For Funds
In China, the Telangana CM today urged the New Development Bank of Shanghai to invest in irrigation, power and urban development projects in the State.
Telangana Chief Minister K Chandrashekar Rao today urged the New Development Bank of Shanghai in China to invest in irrigation, power and urban development projects in the State.
During his 40-minute interaction with the bank's President K V Kamath and Vice-President Xian Zhu at Shanghai, the Chief Minister sought their cooperation for the rapid development of the State in terms of infrastructure, industries, projects and companies.
The New Development Bank is focused on providing funds to developing nations for infrastructure development.
To KCR's appeal, the bank officials responded positively, according to a release from the Chief Minister's Office.
Before the meeting with the bank, the Chief Minister and his delegation travelled from the airport to the city in the Maglev high speed train which moves at 300 kmph.
Earlier in the day, KCR and his team reached Shanghai from Dalian after attending the World Economic Forum conference.
The CM will also interact with industrialists on investment opportunities in Telangana.
filed in:KCR, China, Investments, Development Projects, Telangana