Gift Bring Singapore Agencies To Gujarat

Published By : Admin | December 16, 2011 | 04:55 IST

 

Gujarat International Finance Tec-City Company Limited (GIFTCL) a Government of Gujarat initiative for developing a Global Financial Hub at Gandhinagar has signed a Memorandum of Cooperation (MoC) with Singapore Cooperation Enterprises (SCE), a Government of Singapore Agency on December 16, 2011 in the presence of Chief Minister Narendra Modi at Gandhinagar.

GIFTCL has been SET UP by the Government of Gujarat jointly with Infrastructure Leasing & Financial Services Ltd. (IL&FS) for developing a Global Financial Hub at Gandhinagar, for covering International Financial Services and Domestic Financial Services and allied activities. The Singapore Cooperation Enterprises (SCE) has been set up by Singapore Government as a nodal agency to promote international cooperation between Singapore Government agencies and private enterprises with development agencies in other countries.

Signing of MoC will provide institutional framework to promote investment and development of International Financial Services in GIFT by Singapore based government and private agencies. In pursuance of this MoC, GIFT and SCE together will identify and promote investment in GIFT Project. It will also promote setting up of Financial Service activities by Singapore based financial institutions in GIFT area particularly, GIFT SEZ.

The main objective of MoC is to identify areas of cooperation to stimulate business interest of Singapore based government and private agencies in GIFT Project. Initially, it will cover Infrastructure, Real Estate and Financial Services. Within the framework of MoC, GIFT and SCE together will identify and promote key investment sectors for collaboration which may cover high rise buildings, infrastructure, financial services, technology, consultancy and related subjects. GIFT and SCE will also endeavour to identify specific projects for collaboration on best efforts basis which will enhance bilateral cooperation between Gujarat and Singapore.

GIFT and SCE have scheduled to hold a joint Seminar in January 2012 in Singapore during which SCE will facilitate participation of Singapore based government and private Financial Institutions, Banks, Developers etc. for participation in GIFT Project.

The signing of MOC is the beginning of increased cooperation between Gujarat and Singapore in GIFT project.

Those who witnessed the signing of MOC ceremony includes GIFT chairman Sudhir Mankad, Additional Chief Secretary to Finance M. Shrivastava, Principal Secretary to Industries M. Sahu, Additional Principal Secretary to Chief Minister G. C. Murmu and the delegates of SCE.

Explore More
78-ാം സ്വാതന്ത്ര്യ ദിനത്തില്‍ ചുവപ്പ് കോട്ടയില്‍ നിന്ന് പ്രധാനമന്ത്രി ശ്രീ നരേന്ദ്ര മോദി നടത്തിയ പ്രസംഗം

ജനപ്രിയ പ്രസംഗങ്ങൾ

78-ാം സ്വാതന്ത്ര്യ ദിനത്തില്‍ ചുവപ്പ് കോട്ടയില്‍ നിന്ന് പ്രധാനമന്ത്രി ശ്രീ നരേന്ദ്ര മോദി നടത്തിയ പ്രസംഗം
Indian Toy Sector Sees 239% Rise In Exports In FY23 Over FY15: Study

Media Coverage

Indian Toy Sector Sees 239% Rise In Exports In FY23 Over FY15: Study
NM on the go

Nm on the go

Always be the first to hear from the PM. Get the App Now!
...
Text of PM’s interaction with the students and train loco pilots during the ride in NAMO Bharat Train from Sahibabad RRTS Station to New Ashok Nagar RRTS Station
January 05, 2025
QuoteThe amazing talent of my young friends filled me with new energy: PM

Prime Minister: So, you are an artist as well?

Student: Sir, this is your poem.

Prime Minister: Ah, so you’ll recite my poem?

Student:

"अपने मन में एक लक्ष्य लिए, मंज़िल अपनी प्रत्यक्ष लिए

हम तोड़ रहे हैं जंजीरें, हम बदल रहे हैं तकदीरें

ये नवयुग है, ये नव भारत, हम खुद लिखेंगे अपनी तकदीर

हम बदल रहे हैं तस्वीर, खुद लिखेंगे अपनी तकदीर

हम निकल पड़े हैं प्रण करके, तन-मन अपना अर्पण करके

जिद है, जिद है एक सूर्य उगाना है, अम्बर से ऊँचा जाना है

एक भारत नया बनाना है, अम्बर से ऊँचा जाना है, एक भारत नया बनाना है।"

(With a goal in mind, with the destination in sight,
We are breaking chains, we are changing destinies.
This is a new era, this is a new India, we will write our own destiny.
We are changing the image, we will write our own destiny.
We have set out with a pledge, having dedicated our body and mind.
I am determined, I am determined to start a new beginning,
I must go higher than the sky.
We have to build a new India,
We must rise above the sky,
We have to build a new India).

Prime Minister: Wow.

Prime Minister: What is your name?

Student: (Not clear.)

|

Prime Minister: Great! So, did you get your house? Progress is being made with the new house—well done!

Student: (Not clear.)

Prime Minister: Wow, that’s great.

Prime Minister: UPI…

Student: Yes, Sir. Today, every home has UPI because of you.

Prime Minister: Do you make this yourself?

Student: Yes.

|

Prime Minister: What is your name?

Student: Aarna Chauhan.

Prime Minister: Yes.

Student: I also wish to recite a poem for you.

Prime Minister: I would love for you to recite a poem. Please go ahead.

Student: "नरेन्द्र मोदी एक नाम है, जो मीत का नई उड़ान है,

आप लगे हो देश को उड़ाने के लिए, हम भी आपके साथ हैं देश को बढ़ाने के लिए।"

(Narendra Modi is a name, a new horizon for my friend.
While you strive to elevate the country,
We stand with you to contribute to its growth).

Prime Minister: Well done.

|

Prime Minister: Have you all completed your training?

Metro Loco Pilot: Yes, Sir.

Prime Minister: Are you managing well?

Metro Loco Pilot: Yes, Sir.

Prime Minister: Are you satisfied with this work?

Metro Loco Pilot: Yes, Sir. Sir, we are India's first (unclear)... We are immensely proud of it. We feel very good, Sir.

Prime Minister: You all must need to focus a lot; there’s probably no time for casual chit-chatting?

Metro Loco Pilot: No, Sir, we don’t have time for anything like that... (unclear) nothing of that sort happens.

Prime Minister: Nothing happens?

Metro Loco Pilot: Yes, Sir.

|

Prime Minister: Alright, best wishes to all of you.

Metro Loco Pilot: Thank you, Sir.

Metro Loco Pilot: We are all very happy to have met you, Sir.