Swedish Minister for Enterprise and Innovation meets Venkaiah Naidu

5 Dariya News

New Delhi 09-Nov-2016

A Swedish Business delegation led by the Minister of Enterprise and Innovation Mr. Mikael Damberg met the Union Minister of Urban Development Shri Venkaiah Naidu in New Delhi today. During the meeting, Shri Venkaiah Naidu emphasised that a joint working group had already been set up between the two countries and it is time to move forward. He said that there should be frequent bilateral meetings/ dialogue between the two countries which can explore the possibility of cooperation in urban development. The Minister highlighted the importance of PPP model, Special Purpose Vehicle, credit rating of cities and said that there are lot of opportunities available for Sweden to invest in Smart Cities. Mr. Mikael Damberg appreciated the reforms being undertaken by the Government of India and said that he expects the relation between the two countries to go to a next level. He said that Sweden can contribute in Smart Cities, in terms of connectivity, transport and solid waste management. The two Ministers agreed to enhance the cooperation between the two countries in urban sector.