Nordic countries to invest in five Indian cities

Indian citiesThe Nordic Innovation, an organisation working for promotion of cross-border trade for countries comprising of Norway, Sweden, Denmark, Finland and Iceland recently visited Ghaziabad exploring opportunities for investment.

The delegation met Municipal Commissioner Chandra Prakash Singh to discuss business potential in various areas. Ghaziabad is all set to compete in the fourth round of the Smart Cities mission.

The delegation has chosen five Indian cities namely Surat, Kakinada, Namchi, Udaipur and Ghaziabad for investments.

“The delegation was on a field visit as part of a three-day seminar. They studied the working of the municipal corporation in order to assess investment opportunities in the region in future. They discussed about technology and knowledge-sharing if Ghaziabad is short-listed as a Smart City,” said the Commissioner.

 “The delegation is scouting for business opportunities in China and the US apart from India. The visit on Monday was a fact-finding mission. The activities to be undertaken in Ghaziabad will be finalized once it is enlisted as a Smart City,” said a delegation member Ashish Agarwal.

The organisation works directly under a ministerial council of the Nordic nations.

Ghaziabad Municipal Corporation is already formulating a new Smart City proposal for the fourth round of the mission with the help of a private consultant.