360° Coverage : Benin to get $15mn Indian-aided tractor plant

1 Updates
Benin to get $15mn Indian-aided tractor plant
Photo Credit: STRINGER, Getty Images

Benin to get $15mn Indian-aided tractor plant

Jun 11 2013, 2:15am CDT | by

Ouidah (Benin), June 11 (IANS) Benin will become self-sufficient in tractors and could even export them to the West African region once a $15 million Indian-aided plant to produce 2,500 machines annually begins production a year from now.

Ouidah (Benin), June 11 — Benin will become self-sufficient in tractors and could even export them to the West African region once a $15 million Indian-aided plant to produce 2,500 machines annually...

Filed under: news

YouTube Videos

 
 
 

1 year ago

Benin to get $15mn Indian-aided tractor plant

Jun 11 2013, 2:15am CDT | by

Ouidah (Benin), June 11 (IANS) Benin will become self-sufficient in tractors and could even export them to the West African region once a $15 million Indian-aided plant to produce 2,500 machines annually begins production a year from now.

Ouidah (Benin), June 11 — Benin will become self-sufficient in tractors and could even export them to the West African region once a $15 million Indian-aided plant to produce 2,500 machines annually begins production a year from now.

"The plant is to be funded entirely by a $15 million Indian line of credit," Mahesh Sachdev, the Indian High Commissioner to Nigeria, who is concurrently accredited to Benin, said at the groundbreaking ceremony here Monday.

"A comprehensive contract to put up this plant in 12 months has been awarded to M/s Angelique International," he added. Headquartered in the Noida, Angelique International is a global project engineering, procurement and construction company that has a presence in 15 African countries.

Sachdev expressed the confidence that "the Ouidah Tractor Plant will contribute significantly to agricultural renaissance in Benin and beyond," adding: "Two similar Indian-aided plants are already running successfully in Chad and Mali."

"This important project is a part of the broad bilateral synergy spurred by President Thomas Yayi Boni's historic state visit to India in March 2009. The visit highlighted that India and Benin shared high values such as democracy, secularism and quest for inclusive socio-economic growth and non-alignment," Sachdev said.

Since Boni's visit, bilateral trade has surged to $733 million in the fiscal ended March 31, making India among Benin's top two trading partners.

"Indian development assistance in various forms, including grants and lines of credit, has helped Benin in such critical sectors as railways, ambulances, buses and computers for university students, rural electrification, healthcare, flood-relief and this tractor project," Sachdev said, adding that over the past six years, India has donated to Benin over 400 tractors which have been appreciated for their ruggedness and compatibility to local agricultural requirements.

Beninese professionals have also benefited from training in India under the Indian Technical and Economic Cooperation (ITEC) run by the ministry of external affairs. Following the second Africa-India Forum Summit, Benin's ITEC quota for 2012-13 has been increased to 30 of which 12 slots have been utilised till December 2012.

Sachdev paid glowing tributes to President Boni who, he said, had steadfastly supported the growth of Benin-India ties, adding this "would long inspire us all" to work for amity between the two countries.

India has also contributed in other areas. In 2010, two Indian cotton experts visited Benin. This was followed by another five-member cotton delegation to announce a three-year Technical Assistance Programme in May 2012.

The delegation met Beninese Agriculture Minister on May 24, 2012, while Sachdev met President Boni on the same day to apprise him of the project.

(Francis Kokutse can be contacted at fkokutse@hotmail.com)

IANS

Source: IANS

 

Don't miss ...

 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

IS committing crimes against humanity in Iraq: UN
Geneva, Sep 1 (IANS/EFE) Violence carried out by militants of the Islamic State (IS) Sunni extremist organisation in Iraq, including murders, executions, abduction, sexual violence and torture, amount to crimes against humanity, the UN said Monday.
 
 
Iran vows to free Al-Aqsa mosque from Israel
Tehran, Sep 1 (IANS) Iran's President Hassan Rouhani Monday vowed to liberate the Al-Aqsa mosque in the old city of Jerusalem from the Israeli forces and spare no efforts to help the Palestinian people, state-owned Press TV reported.
 
 
200,000 Indians granted Saudi visas in one month
Riyadh, Sep 1 (IANS) More than 200,000 Indians, mostly domestic helpers and labourers, were granted visas by Saudi authorities in one month, an official said Monday.
 
 
Number of SAARC regional centres to be slashed
Kathmandu, Sep 1 (IANS) SAARC member states have agreed to bring down the number of the association's regional centres from 11 to five in order to end the duplication of work and to reduce expenditure.
 
 
 

Latest from the Network

IS committing crimes against humanity in Iraq: UN
Geneva, Sep 1 (IANS/EFE) Violence carried out by militants of the Islamic State (IS) Sunni extremist organisation in Iraq, including murders, executions, abduction, sexual violence and torture, amount to crimes against...
Read more on Politics Balla
 
Iran vows to free Al-Aqsa mosque from Israel
Tehran, Sep 1 (IANS) Iran's President Hassan Rouhani Monday vowed to liberate the Al-Aqsa mosque in the old city of Jerusalem from the Israeli forces and spare no efforts to help the Palestinian people, state-owned...
Read more on Politics Balla
 
200,000 Indians granted Saudi visas in one month
Riyadh, Sep 1 (IANS) More than 200,000 Indians, mostly domestic helpers and labourers, were granted visas by Saudi authorities in one month, an official said Monday. "Since we resumed bringing in Indian workers at the...
Read more on Politics Balla
 
Number of SAARC regional centres to be slashed
Kathmandu, Sep 1 (IANS) SAARC member states have agreed to bring down the number of the association's regional centres from 11 to five in order to end the duplication of work and to reduce expenditure. A meeting of...
Read more on Politics Balla
 
Now, 'electronic nose' to detect diarrhoea
London, Sep 1 (IANS) In what could lead to faster diagnosis of diarrhoea and stomach cramps, researchers have developed an "electronic nose" that can sniff the highly infectious bacteria that causes these diseases....
Read more on Business Balla
 
Japan has committed $35-bn investment in India: Modi
Tokyo, Sep 1 (IANS) Prime Minister Narendra Modi Monday signalled a new era of ties with Japan and welcomed the commitment made by his host and Japanese counterpart Shinzo Abe to invest $35 billion in India over the...
Read more on Politics Balla
 
Indian in UAE unable to pay bills, hospital says go home
Abu Dhabi, Sep 1 (IANS) An uninsured Indian man has run up more than $160,000 in medical bills after he suffered a brain haemorrhage and spent about six months in an Abu Dhabi hospital, a media report said. The...
Read more on Politics Balla
 
Abe wants 'special strategic' ties with India
Tokyo, Sep 1 (IANS) Japanese Prime Minister Shinzo Abe Monday said ties with India should be elevated to a "special strategic partnership". "We have to fundamentally improve our ties in every field to elevate our...
Read more on Politics Balla
 
New blood test to reliably detect TB
London, Sep 1 (IANS) A new blood test has been developed to provide a fast and accurate tool to diagnose tuberculosis in children. About one million children develop tuberculosis (TB) globally each year but detecting...
Read more on Business Balla
 
Talks on for civil nuclear deal with Japan: Modi
Tokyo, Sep 1 (IANS) Prime Minister Narendra Modi Monday said negotiations were on for a civil nuclear agreement with Japan, indicating that the deal is not likely to be sealed during his ongoing five-day visit to the...
Read more on Politics Balla