Andhra Pradesh government has signed a memorandum of understanding(MoU) with China Civil Engineering Construction Corporation(CCECC) on the second day of chief minister N Chandrababu Naidu's tour in China on Monday.
" The business scope of the corporation extends from international contracting for railway construction to different areas of civil engineering like design and consultancy, real estate development, trading, industrial investment and hotel management," according to a statement issued by the chief minister's office.
The Chief Minister, who is on a five-day business visit to China, also mentioned that China's Sinoma International Engineering Company was keen to set up an industrial city in India and an MoU can be signed when our Prime Minister Narendra Modi visits China in May.