Khattar in China tomorrow with eye on big ticket investments

Aiming to mobilise some big ticket investments, Haryana Chief Minister Manohar Lal Khattar will visit China tomorrow during which he will hold talks with the ruling Communist Party officials besides addressing a business roundtable here.

Some MoUs are also expected to be signed during the roundtable as part of the three-day visit by Khattar, who is arriving from Japan after projecting Haryana as a “land of opportunities and enterprise”.

The Friday roundtable here will witness a participation of a number of top Chinese investors, officials here said.

Khattar is also scheduled to address a similar business event in Shanghai before flying home.

The chief minister is due to meet senior officials of the the Communist Party of China (CPC) here besides China’s top billionaire and investor Wang Jianlin, who heads the multi-billion dollar Chinese real estate business firm Dalian Wanda.

The CPC has hosted a number of chief ministers from India including of Gujarat, Madhya Pradesh, Andhra Pradesh, Telangana and Karnataka as the two countries promoted more interactions between the Chinese provincial governments and their Indian counterparts.

Khattar’s meeting with Wanda is regarded as significant as the group has plans to invest about USD three billion in India.

Last year, Wanda has visited India and met Prime Minister Narendra Modi.

Officials said Haryana, which is already a hub of a number of Chinese firms located in Gurgaon, looks to clinch the deal with the offer of huge tract of land for Wanda’s plans to build a Chinese industrial and business park.