Agartala: The government of Tripura has signed a total of Rs. 312.38 crore memorandum of understanding (MoUs) for investment in different sectors, Chief Minister Manik Saha said. These sectors include healthcare, bamboo, tourism, rubber, food, milk and agro-processing.
The Chief Minster said the MoUs were signed with the intention of encouraging investment and creating jobs in the State while speaking at a state-level investment round table meeting at Pragna Bhawan.
The minsiter said that the Tripura government determined to provide State capital investment subsidy, power subsidy, industrial promotion subsidy, employment cost subsidy, state transport subsidy and so on to the investors.
"They came from various states around the nation. I'm overjoyed that eight industrialists came here and have already signed MoUs for Rs 312.38 crores with the Tripuran administration. I was really excited to see them and quite thrilled when I learned that they were coming here to sign the MoU," Saha remarked.
The North-East Global Investors summit, which lasted one day, attracted 141 investors in total.
The Chief Minister praised Prime Minister Narendra Modi's specific efforts to build Tripura and noted that connectivity is crucial for any state or national growth. Connectivity is crucial, especially for Tripura, where there are currently seven national highways and more are being built. We are fortunate that our Prime Minister Narendra Modi has given us the HIRA Model by his grace.
The chief minister stated, speaking to the investors, "Tripura is the third strongest gateway in India in terms of internet facility. You won't have very good internet connectivity in Delhi, but it is excellent in Tripura. We never imagined that we would already have 12 express trains running from Agartala or Sabroom to various states in the nation. The favour of Prime Minister Modi enabled all of this to occur.
He stated that once Tripura becomes the entryway to South East Asia, the Maitri Setu in Sabroom will be opened and the investors will profit from this.
Therefore, when Maitri Setu opens, Mongla, Chittagong, and Matarbari Ports will be easily accessible. All of the facilities will be available to the investors that have come here. This infrastructure has a bright future in Tripura. We are prepared to assist you, CM said.
Northeast Veneers and Plywood would invest Rs 13.88 crore, Rs 5 crore for Operating raw materials bank to support 200 mechanised agarbatti rolling units on PPP Mode, and Dayton Natural Resources Private Limited would invest Rs 247 crore for setting up another medical college in the Dhalai district under Tripura Tribal Areas Autonomous District Council (TTAADC).
Galaxy Inn invests Rs 4 crore, Chowdhury Warehouse Rs 3 crore, Rs 30 crore for building up surgical gloves, Rs 4 crore in agro-processing, and Rs 5.50 crore for milk processing in the hospitality sector.
Investors, meantime, commended and lauded the State government's and Chief Minister Manik Saha's roles in the Investment Friendly Policy.
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