ITANAGAR, Oct 6 - Government of Arunachal Pradesh today signed a memorandum of understanding (MoU) with Confederation of Indian Industry (CII) to promote and project Arunachal as a preferred investment destination, to attract investments and build capacities within the State.
�The rich potentials and resources of the State which remained hitherto latent and untapped will henceforth be put to optimum utilisation to benefit the people of the State,� said Chief Minister Pema Khandu after inking the �historic� MoU with CII.
The MoU was signed in New Delhi in the presence of CII president and co-chairman of Forbes Marshall, Dr Naushad Forbes, Deputy Chief Minister of Arunachal Chowna Mein, Chief Secretary Shakuntala D Gamlin, Commissioner Investment Ashish Kundra and corporate leaders like Pawan Goenka of Mahindras, Ajit Gulabchand of HCC, Rakesh Bharti Mittal of Bharti Retails, Chandrajit Banerjee CII and Banmali Agarwala, President and CEO - GE South Asia.
The mutually agreed sectors where CII shall support the State Government are hydropower, skilling, tourism, horticulture/floriculture, agro-processing, and information technology.
It was agreed upon to constitute a high level Joint Task Force for successful implementation of the initiatives. A detailed development plan would be worked out for Arunachal Pradesh in a time bound manner.
�We are a developing State and we are in a position to make policies to suit the industry leaders,� the Chief Minister emphatically said. He also disclosed that he would request the Union Government to make investment friendly policy for Arunachal to make business competitive in the State.
Pawan Goenka of Mahindra expressed interest in constructing resorts in the State and shared that his company would soon send a team to Arunachal for studying the possibilities. Rakesh Bharti Mittal of Bharti Retails showed interest in floriculture, Agri and allied sectors of the State. Interests were also expressed by business leaders in hydropower sector.
