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State received 262 MoUs during Global Investors� Summit

By Staff Reporter
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GUWAHATI, April 5 - The State government has received 262 MoUs worth approximately Rs 79,000 crore from various investors during the Global Investors� Summit � Advantage Assam held here in February this year.

This was stated in a written reply to the Legislative Assembly on Wednesday by Minister of Industries and Commerce Chandra Mohan Patowary.

�Apart from these MoUs, Ambani, Tata, Adani Group, Inland Waterways Authority of India, Airport Authority of India, etc., also announced investment intent of Rs 20,000 crore during the summit,� said Patowary

�Since MoU with a foreign company requires clearance from the Ministry of External Affairs, the Assam government is in the process of studying their proposals before entering into an agreement,� he added.

He said the focal sectors of the Advantage Assam were logistics, river transport and port township, power, handloom, textile and handicraft, agriculture and food processing, bamboo, IT and ITeS, pharmaceutical and medical equipment, plastics and petrochemicals, tourism hospitality and wellness, civil aviation, and petroleum and natural gas.

�The State government, through its various departments and agencies, is working towards development of each of the focal sectors identified during the summit,� said the minister.

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State received 262 MoUs during Global Investors� Summit

GUWAHATI, April 5 - The State government has received 262 MoUs worth approximately Rs 79,000 crore from various investors during the Global Investors� Summit � Advantage Assam held here in February this year.

This was stated in a written reply to the Legislative Assembly on Wednesday by Minister of Industries and Commerce Chandra Mohan Patowary.

�Apart from these MoUs, Ambani, Tata, Adani Group, Inland Waterways Authority of India, Airport Authority of India, etc., also announced investment intent of Rs 20,000 crore during the summit,� said Patowary

�Since MoU with a foreign company requires clearance from the Ministry of External Affairs, the Assam government is in the process of studying their proposals before entering into an agreement,� he added.

He said the focal sectors of the Advantage Assam were logistics, river transport and port township, power, handloom, textile and handicraft, agriculture and food processing, bamboo, IT and ITeS, pharmaceutical and medical equipment, plastics and petrochemicals, tourism hospitality and wellness, civil aviation, and petroleum and natural gas.

�The State government, through its various departments and agencies, is working towards development of each of the focal sectors identified during the summit,� said the minister.

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