Tamil Nadu

Assam CM holds roadshow, woos investors

Sarbananda Sonowal addressing a roadshow on Monday.

Sarbananda Sonowal addressing a roadshow on Monday.   | Photo Credit: R_Ragu

It is a prelude to the global investors’ meet planned in Guwahati on Feb. 3 and 4

Assam Chief Minister Sarbananda Sonowal invited industrialists to invest in his State, ahead of the first Global Investors’ Summit, to be held in Guwahati on February 3 and 4. The summit is likely to be inaugurated by Prime Minister Narendra Modi.

Addressing a roadshow here on Monday, Mr. Sonowal said that the vision of his government was to build an economic model that links northeast India with Bangladesh, Bhutan, Nepal and the ASEAN countries.

Mr. Sonowal said his government was setting up a Global Trade Centre, a 65-storeyed twin building, in Guwahati that would become a symbol of trade and business in the gateway to South-east Asia.

He said his government had brought in new policies and reforms that had given vibrancy to Assam’s industrial scene.

“Persistent efforts by the government succeeded in bringing ₹7,000 crore investment since our government came to power,” he said and added that the government had announced attractive tax incentives for the industry.

The Chief Minister said steps had been taken to upgrade Guwahati facility into an international airport to connect South-East Asian countries. The Assam government was looking at investments in information technology, tourism, plastics, petrochemicals and pharmaceutical companies.

Ravi Capoor, Additional Chief Secretary of Assam, said a new northeast investment policy would be rolled out by next month.

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Printable version | May 30, 2020 3:36:02 PM | https://www.thehindu.com/news/national/tamil-nadu/assam-cm-holds-roadshow-woos-investors/article22399829.ece

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