Chief Minister of Maharashtra Eknath Shinde, who travelled to Davos for the five-day World Economic Forum 2023, signed an MoU with Berkshire Hathaway Home Services Orenda India to develop a 1,000-acre smart city close to the Navi Mumbai airport.
Berkshire Hathaway joins hands with Maharastra govt
The partnership’s objective is to create a 1,000-acre, close-by smart city with a social and physical infrastructure for Navi Mumbai International Airport.
“As part of this agreement, the firm will help develop a complete ecosystem for industrial, commercial, and residential development.”
The company said in a formal statementAdvertisement
“The government will provide access to land as well as assistance in obtaining various permits and licences.”
It goes on to say that the partnership, a joint venture between the state government and the Mumbai Metropolitan Region Development Authority (MMRDA), will make it easier to develop industrial clusters, warehousing and distribution hubs, entertainment hubs, data centres, and information technology parks for IT/ITES/BPO/KPO services.
The business will also create a knowledge management system that will help organise promotional roadshows and conferences, share best operational practises, and provide information on industry trends.
The company will be in charge of making use of its network and luring business service delegations to contribute to this project.
“We are thrilled that our partnership with the government will help create a conducive ecosystem for industrial development, residential establishments, and industries to prosper.”
Said Shrey Aeren, Managing Director and Country Head, Berkshire Hathaway HomeServices Orenda India.
The government’s efforts to build cutting-edge facilities that will support Navi Mumbai’s aspirations to become an economically independent city are something we are proud to support, he continued. “Navi Mumbai is becoming a key cog in Maharashtra’s success story,” he said.
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