Investments of Rs 79,000 crore expected in Assam: industry minister

Investments of Rs 79,000 crore is expected to fructify in Assam following the 263 pacts signed between the state government […]

   

Investments of Rs 79,000 crore is expected to fructify in Assam following the 263 pacts signed between the state government and different investors during the Global Investors’ Summit held last month, industry minister Chandra Mohan Patowary on Wednesday said. In a reply to questions of Abdul Khaleq (Congress) in the Assembly in Guwahati, Patowary said that the Ambani, Tata and Adani groups, Inland Waterways Authority of India, Airports Authority of India and others had also expressed desire to invest Rs 20,000 crore in the state. He said that investors from different countries had participated in the summit including Bangladesh, Bhutan, Canada, Cambodia, Czech Republic, Germany, Israel, Japan, South Korea, Laos, Myanmar, Thailand, the Netherland, Saudi Arabia, England, the USA and Vietnam. On the expenditure incurred by the state government to host the summit, Patowary said that only after receiving all the bills from various sources and calculating them will the final expenditure figure emerge. However, the government has released Rs 25.40 crore so far in four installments to event partner Federation of Indian Chamber of Commerce, Rs 30 crore under various heads of account, he said, adding that, the centre has given sanction for release of Rs 10.59 crore for the event.

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