Tamil Nadu has the biggest portfolio of projects implemented with KfW (Development Bank) assistance, Ambassador of Germany Martin Ney told Chief Minister Jayalalithaa on Wednesday.
At a meeting in the Secretariat on Wednesday, Mr. Ney appreciated the expeditious action taken by the State Government in restoring normalcy after the unprecedented floods in December 2015, an official release said. He said he visited the Volkswagen plant on the outskirts of Chennai in January 2016 and was impressed to see how quickly the recovery had been effected.
He highlighted the existing areas of co-operation between Tamil Nadu and Germany in New and Renewable Energy, including establishing the Green Energy Corridor, Intra State transmission system, and other urban infrastructure including storm-water drains and sewerage systems, urban mobility, and transportation.
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Ms. Jayalalithaa briefed him about the steps taken to maintain law and order and that ensuring social peace contributed significantly to making Tamil Nadu a favoured investment destination. A number of German and other multinational automobile companies were pioneers in investing in Tamil Nadu have contributed to making Tamil Nadu India’s automobile hub, she said and assured the German delegation that Tamil Nadu would continue to extend full co-operation for German investment in the State.
He highlighted the existing areas of
co-operation with
Tamil Nadu straddling
several sectors