New Delhi, Jan 8 (UNI) Malaysia today offered to invest for the creation of a super highway for India connecting north to south and east to west, criss-crossing many states.
The offer was made by Malaysian Minister of Works S Samy Vellu, while speaking at a session at the Pravasi Bharatiya Divas here.
''We will be able to invest 70 per cent of the cost. This is private sector investment that we can mobilise from Malaysia with a strong support from the Malyasian government,'' he said.
Mr Velu said he anticipated India would invest the remaining 30 per cent and added that such a venture would result in tremendous employment and development opportunities throughout the country.
Earlier in the day, the Malaysian minister spoke to Delhi Chief Minister Sheila Dikshit and offered assistance to build roads and flyovers in the national capital.
Mr Velu said his hope was that when he lands next time in Chennai, he would be able to travel to Delhi by road in a span of just 15 hours using the super highway.
He expressed the hope that the Indian government would take his offer in a positive manner.
Mr Velu said Malaysian construction companies are working on 72 projects in India having a total investment of 4.7 billion dollars.
UNI SKS-GS SK HT1934