Page 9 - NEWSLETTER OCT to DEC 2023 Vol57

Business Development Meeting of CMD and DCP with

Gujarat Govt. Officials

Execution of MoU with State Government on 20th Meeting was held with Shri Balvantsinh Rajput, Cabinet
December 2023 Minister of Industries, Civil Aviation, Rural Development,
Labour and Employment, Government of Gujarat to
Chairman & Managing Director, HUDCO has executed the
discuss the new avenues / potential projects to be
Memorandum of Understanding with the State
developed in the State of Gujarat. He welcomed and
Government of Gujarat in the presence of Hon’ble Chief
thanked all the officials of Banks & FIs, who have signed
Minister Shri Bhupendrabhai Patel on 20th December 2023
the MoUs and assured to identify the projects and all
for an investment up to Rs. 14,500 crore for financing the
necessary help for investing funds at actual level for
Housing and Urban Infrastructure projects in the State of
development of Gujarat.
Gujarat. For eligible sector projects through term loan for
Infrastructure projects such as Chemical, Petrochemical Meeting with Shri Rajkumar, IAS (1987), Chief
and GIDC Large projects, Education, Health Care, Secretary, Govt. of Gujarat
Industrial Parks, Logistic Parks, Mini Estate, Port and
Ports related infrastructure, Road & Rail projects, Special
Investment Zone & Special Economic Zone, Tourism &
Civil Aviation, Transport and Urban Development
projects, and commercial infrastructure projects.

CMD explained HUDCO’s willingness for continuing the
existing relationship with State Government and
associated for new Business avenues. A detailed
discussion was also held to explore the possibilities of
HUDCO’s association in various new development
Shri Raj Kumar, IAS, Chief Secretary, GoG, Shri J P Gupta, initiatives of State Government including Infrastructure
IAS, Additional Chief Secretary, Finance Department, Projects, Housing Projects and Social Infrastructure
GOG, Shri M Nagaraj, DCP, Shri Ham Singh Oliver, RC, Projects. CMD expressed keen interest to associate
Ahmedabad along Senior Officials of NaBIFD, NABARD,
HUDCO with the State Government in its various State
Banks, Government Departments and HUDCO, were
development programs. The Chief Secretary, appreciated
present during this event.
HUDCO’s support to State Government in the past and
Meeting with Shri Balvantsinh Rajput, Cabinet Minister for executing MOU for investment intention and has
of Industries, Civil Aviation, Rural Development, Labour agreed to intervene into the possible areas, where ever
and Employment, Government of Gujarat. HUDCO’s fund can be availed for the future

developmental projects.
Meeting with Shri J P Gupta, IAS (1991), Additional Chief
Secretary, Finance Department Govt. of Gujarat
Shri J P Gupta, IAS, ACS(F), welcomed and thanked
HUDCO officials for associating with State Government
by executing MoU as part of Investment Promotion
Activity under Vibrant Gujarat Summit 2024. CMD
explained HUDCO’s contribution to the State of Gujarat in
the field of Housing and Urban Infrastructure. The various
avenues under which HUDCO’s association could be
made was discussed in detail.

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