Mamata signs 13 MoUs in Singapore
BY M Post Bureau21 Aug 2014 5:50 AM IST
M Post Bureau21 Aug 2014 5:50 AM IST
‘I am confident that in the near future we will have a stronger and more dynamic business relationship with Singapore. This is part of our bigger dream to have local roots with global pursuits, and make our Biswa Bangla brand resonate beyond our borders’, said Banerjee on Day Three of her trip to Singapore in search of fresh investments.
Though it is well known that Singapore’s Changi Airports international has invested in an airport city coming up at Andal near Kolkata, a fresh MoU was signed between Bengal Aerotropolis Projects Limited (BAPL) with Changi Airports International (CAI) for setting up of an aviation training academy in West Bengal. The ITE Education Services (ITEES), a wholly-owned subsidiary of Institute of Technical Education in Singapore, will be a key training partner of CAI.
Partha Ghosh, Managing Director, Bengal Aerotropolis Projects Ltd said, ‘We welcome the support shown by CAI in this initiative which has the potential to provide a sustainable future for the youth of West Bengal. West Bengal requires a world class facility for aviation training and we are happy that we found the right partner in CAI, to add onto the sustained approach for a holistic growth of the State.’
A financial commitment was made by the GIC group to the Hiland Group worth approximately Rs 200 crore in the Calcutta Riverside development project in Kolkata. Calcutta Riverside is a 262-acre township which is building a medical college and a corporate hospital, a school, a cricket and football academy, a film city, other social infrastructure, along with residential facilities.
A tie-up was executed between Keventer Agro Ltd, Kolkata and InfraCo Asia, Singapore, for a food Park at Dankuni worth approximately Rs 1000 crore. InfraCo is an infrastructure development company headquartered in Singapore and seeks to create viable infrastructure investment opportunities in low income developing countries of South and South East Asia.
Between Axsys Technologies Ltd. and Compass Energy Pte Ltd, Singapore, for collaboration on solutions in ship building and oil & gas exploration. The Axsys- Compass combine is expected to generate additional employment of about 200 persons in the Sector-V area immediately and another additional 500-600 persons over the next two years.
An agreement was signed between Between Obeetee Inc. and Williams Sonoma Inc. to identify and promote textiles and crafts with a goal of achieving revenue of $10m per year.
The initiative involves manufacturing of home furnishings products in West Bengal and internationally retailing them through Williams Sonoma stores. West Bengal has a unique heritage in textiles and home furnishing and William Sonoma and Obeetee designers and management can partner and ensure that these products are made highly acclaimed globally.
An agreement was signed between the Ravi Auto group and the Sanderson Group for setting up an Amusement Park project in West Bengal. The project will involve an estimated investment of about INR 125 crore and will create direct and indirect employment for about 800 people. Among their projects worldwide are Warner Bros’s Movie World (Australia), Sea World (Australia), Universal Studio (Sentosa Island, Singapore), Disney Sea (Tokyo, Japan), and in India, Kingdom of Dreams (Gurgaon).
Exchange of Letters happened between Government of West Bengal (Transport Department) and BAPL for introduction of aircraft connectivity between Coochbehar and Kolkata via Durgapur and night connectivity from Bagdogra.
Last but not the least, Changi Airport International handed over a letter to Mamata Banerjee on Changi Airport’s enhancement of equity in BAPL from 26 to 32.3 per cent.
Though it is well known that Singapore’s Changi Airports international has invested in an airport city coming up at Andal near Kolkata, a fresh MoU was signed between Bengal Aerotropolis Projects Limited (BAPL) with Changi Airports International (CAI) for setting up of an aviation training academy in West Bengal. The ITE Education Services (ITEES), a wholly-owned subsidiary of Institute of Technical Education in Singapore, will be a key training partner of CAI.
Partha Ghosh, Managing Director, Bengal Aerotropolis Projects Ltd said, ‘We welcome the support shown by CAI in this initiative which has the potential to provide a sustainable future for the youth of West Bengal. West Bengal requires a world class facility for aviation training and we are happy that we found the right partner in CAI, to add onto the sustained approach for a holistic growth of the State.’
A financial commitment was made by the GIC group to the Hiland Group worth approximately Rs 200 crore in the Calcutta Riverside development project in Kolkata. Calcutta Riverside is a 262-acre township which is building a medical college and a corporate hospital, a school, a cricket and football academy, a film city, other social infrastructure, along with residential facilities.
A tie-up was executed between Keventer Agro Ltd, Kolkata and InfraCo Asia, Singapore, for a food Park at Dankuni worth approximately Rs 1000 crore. InfraCo is an infrastructure development company headquartered in Singapore and seeks to create viable infrastructure investment opportunities in low income developing countries of South and South East Asia.
Between Axsys Technologies Ltd. and Compass Energy Pte Ltd, Singapore, for collaboration on solutions in ship building and oil & gas exploration. The Axsys- Compass combine is expected to generate additional employment of about 200 persons in the Sector-V area immediately and another additional 500-600 persons over the next two years.
An agreement was signed between Between Obeetee Inc. and Williams Sonoma Inc. to identify and promote textiles and crafts with a goal of achieving revenue of $10m per year.
The initiative involves manufacturing of home furnishings products in West Bengal and internationally retailing them through Williams Sonoma stores. West Bengal has a unique heritage in textiles and home furnishing and William Sonoma and Obeetee designers and management can partner and ensure that these products are made highly acclaimed globally.
An agreement was signed between the Ravi Auto group and the Sanderson Group for setting up an Amusement Park project in West Bengal. The project will involve an estimated investment of about INR 125 crore and will create direct and indirect employment for about 800 people. Among their projects worldwide are Warner Bros’s Movie World (Australia), Sea World (Australia), Universal Studio (Sentosa Island, Singapore), Disney Sea (Tokyo, Japan), and in India, Kingdom of Dreams (Gurgaon).
Exchange of Letters happened between Government of West Bengal (Transport Department) and BAPL for introduction of aircraft connectivity between Coochbehar and Kolkata via Durgapur and night connectivity from Bagdogra.
Last but not the least, Changi Airport International handed over a letter to Mamata Banerjee on Changi Airport’s enhancement of equity in BAPL from 26 to 32.3 per cent.
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