Prince of Qatar to invest rupees one lakh crores in Modi’s ‘smart city’ project.

The focus of this huge investment is on ten smart-city projects in a first phase, whereas, the partners have shown interest in investing in various other areas well – power, solar energy, infrastructure development, healthcare and education. They would be laying the first foundation key stone ceremony in the next three months (most probably in February-March, 2015) and if things go well, they might think of investing more.

http://yourstory.com/2014/12/prince-of-qatar-narendra-modi-smart-city/

India Surely merits such investments and the jobs created by such investments into plans that return their investments in many folds.

FH.

Some more relevant news.

http://timesofindia.indiatimes.com/india/Singapore-inks-MoU-to-plan-develop-Andhra-Pradesh-capital/articleshow/45418059.cms

The bifurcation of AP was hanging fire nearly 60 years, caused much heartburn to the people of the now Telengana (land surrounding Hyderabad). The Ta state people had felt left out as the coastal AP coming under the Madras Presidency of the British had progressed better compared to the Nizam's H'bad.

There was the last minute hi-cup who should own the capital. It was wise of Chandrababu Naidu to move away from the controversy and build his own capital which may be even better than Chandigarh being designed by Singapore and built by Japan. Now Naidu is enjoying a real 2nd innings.

Already the real estate have started soaring in the new AP state.

http://timesofindia.indiatimes.com/city/visakhapatnam/Smart-city-buzz-sends-land-prices-soaring-around-Visakhapatnam/articleshow/45290808.cms

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