Gujarat Chief Minister Bhupendra Patel looks into working with the New Development Bank

The vice president and chief operating officer of the New Development Bank (NDB), Vladimir Kazbekov, and Gujarat chief minister Bhupendra Patel had a fruitful meeting. The BRICS nations founded the NDB, which has its headquarters in China and is dedicated to building sustainable projects and infrastructure in emerging markets and developing nations. GIFT City, Gandhinagar, […]

by Sagarika Gautam - January 12, 2024, 11:39 am

The vice president and chief operating officer of the New Development Bank (NDB), Vladimir Kazbekov, and Gujarat chief minister Bhupendra Patel had a fruitful meeting. The BRICS nations founded the NDB, which has its headquarters in China and is dedicated to building sustainable projects and infrastructure in emerging markets and developing nations. GIFT City, Gandhinagar, is the operational hub of NDB’s regional office in India. The meeting’s conversations mostly focused on possible joint ventures to improve Gujarat’s infrastructure and sustainable development.

Key topics included funding opportunities for investors interested in green hydrogen projects within the state.
Green hydrogen, being a crucial aspect of sustainable energy, has gained significant attention globally, and Gujarat aims to be at the forefront of such initiatives.
Additionally, the meeting delved into strategies to assist Gujarat in bolstering its infrastructure for the effective management of solid and liquid waste in rural areas.
Waste management has become a critical aspect of sustainable development, and the collaboration with NDB could provide valuable insights and financial support for such projects.
One of the significant points explored during the meeting was the possibility of formulating joint programmes and schemes for socio-economic development in rural regions.