New industrial township in Sohna and Manesar of Haryana

New industrial township to develop in Haryana with Chinese help

Question: Haryana would develop a new industrial township in Sohna and Manesar with the help of which of the following country?
(a) China
(b) United Kingdom
(c) France
(d) Germany
Ans: (a)
Related facts:

  • On 3 July 2016 a Memorandum of Understanding (MoU) to develop a new industrial township in Sohna and Manesar was signed between Haryana Government and China Fortune Land Development (CFLD) Company in the presence of Chief Minister, Manohar Lal, at New Delhi.
  • The agreement was signed by Managing Director, Haryana Industrial and Infrastructure Development Corporation (HSIIDC), Sudhir Rajpal, and President, China Fortune Land Development Company, Jerry Zhao.
  • Under this agreement a new industrial township would be developed at a cost of $5 billion over 1,500 acres in Sohna and Manesar, district Gurgaon, Haryana.
  • HSIIDC and CFLD Company would execute the project as a Joint Venture.
  • The Chinese firm would develop infrastructural facilities, industrial units and residential and commercial projects in the township.
  • These projects would be completed within the next 10 years.
  • Industrial units related to automobiles and electronics would be established in this township.

Reference:
http://prharyana.gov.in/erelease.aspx
http://www.business-standard.com/article/pti-stories/new-industrial-township-to-developed-in-har-with-chinese-help-116070200899_1.html
http://www.ndtv.com/gurgaon-news/haryana-to-develop-new-industrial-township-in-gurgaon-district-1427512
http://www.dailypost.in/regions/haryana/64404-haryana-to-develop-new-industrial-township-in-gurgaon-district.html