"In the beginning we had the Japanese who used to invest in our country and now we have China. The best thing about China is that they are quick to start financing once deals are inked. This is precisely the problem with Japan. It takes at least a couple of years to start a particular project after they agree to invest," Fadnavis stated in an informal interaction with reporters here.

He said Prime Minister Narendra Modi's trip to the neighbouring country has changed the way bilateral talks are held between countries and added that more focus will now be given to talks between provinces.

Fadnavis added that Chinese infrastructure companies are highly keen on investing in the state and that they are ready to finance projects at an interest rate of 2-6 percent per annum.

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