China to be kept off road projects
New Delhi, July 1
India will not allow Chinese companies to participate in highway projects, including those through joint ventures, Union Minister Nitin Gadkari said on Wednesday amid the border standoff with China.
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The Road Transport and Highways Minister also said the government would ensure that Chinese investors were not entertained in various sectors like the micro, small and medium enterprises (MSMEs).
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“We will not give permission to joint ventures that have Chinese partners for road construction. We have taken a firm stand that if they (Chinese companies) come via a joint venture in our country, we will not allow it,” said Gadkari.
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The minister said a policy would be out soon banning Chinese firms and relaxing norms for Indian companies to expand their eligibility criteria for participation in highway projects. With respect to existing tenders and future bids, Gadkari said rebidding would be done if there were any Chinese joint ventures. — PTI
