MUMBAI: Malaysia is vying for at least five mega projects in India worth billions of ringgit, Special Envoy to India and South Asia on Infrastructure Datuk Seri S. Samy Vellu said.
He said the projects included the building of two highways, the expansion of a container port and construction of a new city centre, modelled after Kuala Lumpur City Centre.
“Since January, I have held meetings with both federal and state ministers and officials about infrastructure projects that Malaysian companies can undertake in India,” he told reporters covering Deputy Prime Minister Tan Sri Muhyiddin Yassin’s official visit to India.
Muhyiddin arrived here last night for a five-day visit, which will also include New Delhi and Chennai.
Samy Vellu said yesterday the container port expansion project in Chennai alone was worth RM10.5bil and among the companies vying for it was MMC Corp Bhd.
He added Malaysian Resources Corp Bhd was interested in building a city centre, like KLCC, in Gujarat.
“A site between Ahmadebad and Gandhinagar has been identified for this,” he added.
He said the highway projects were in Gujarat and Andhra Pradesh states.
Samy Vellu said that another big opportunity for Malaysian companies was in slum resettlement.
“We are proposing to build five-storey low-cost flats for squatters,” he said.
Samy Vellu revealed that Indian companies were also interested in investing in Malaysia, especially in projects that had already been approved by the Government.
“One such joint venture is the construction of an aluminium plant in Sarawak by a major Indian mining company. If this JV goes through, it will be one of the biggest investments to date from India,” he added.
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Dr Veera (PE)
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