Haryana Government and Mizuho Bank Limited signed a MoU in Tokyo to promote industrial and infrastructure development, generate employment opportunities and attract Foreign Direct Investment in the state. 18-01-2016
Chandigarh, January 18- Haryana Government and Mizuho Bank Limited signed a Memorandum of Understanding (MoU) in Tokyo today to promote industrial and infrastructure development, generate employment opportunities and attract Foreign Direct Investment in the state. The MoU was signed by Managing Executive Officer of the bank Mr Tatsufumi Sakai and Managing Director, Haryana State Industrial and Infrastructure Development Corporation Mr. Sudhir Rajpal in the presence of Haryana Chief Minister, Mr Manohar Lal in Tokyo today. Haryana Industries Minister Capt. Abhimanyu and Social Justice and Empowerment Minister Mrs. Kavita Jain were also present on the occasion. Haryana Chief Minister had very fruitful discussion with the representatives of the Mizuho Bank, which is a global financial institution with a strong Japanese client base. Mizuho is having business relationship with 70 per cent of listed Japanese companies including more than 250 “Fortune 1000” Companies. The HSIIDC and Mizuho have agreed to cooperate and to exchange information, based on the current amicable relationship existing between both parties to encourage investments from Japan so as to promote industrial and infrastructure development in the State, generate employment opportunities and attract Foreign Direct Investment (FDI) in the State of Haryana for overall development of the State. Mizuho hopes to facilitate and support resource and investment activities in both India and Japan, by leveraging its vast customer base to promote Japanese investment in India. Such cooperative efforts will be targeted at both existing and new industries and also various Japanese Government backed projects.