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Himachal

Posted at: Aug 14, 2019, 7:37 AM; last updated: Aug 14, 2019, 7:37 AM (IST)

291 MoUs worth Rs 38,000 cr signed

Tribune News Service

Chandigarh, August 13

Having signed 291 MoUs worth Rs 38,000 crore for investment across all sectors, , the state is hopeful of attracting overall investment of Rs 80,000 crore during the investment summit, scheduled on November 7-8 at Dharmasala. 

“Through the Rising Himachal Global Investors Meet, we are looking to attract investment worth Rs 80,000 crore across all sectors. We want investors to come and invest in Himachal, said Chief Minister Jai Ram Thakur addressing the industrialists in Chandigarh.

A high-level state delegation led by the Chief Minister Industries MinisterBikram Singh  and senior officers from the Himachal Pradesh Government called upon the captains of the industry. The state functionaries said  the delegation received good response in Chandigarh and in a single day MoUs worth Rs 866 crore were signed. The state delegation is seeking investments in tourism, infrastructure and logistics, pharmaceuticals, housing, IT and food processing.

He requested the participants to explore investment opportunities in these sectors. He shared the state's strengths, meticulously framed policies, suitable opportunities and the state's readiness to attract and encourage investment. He informed the business leaders about the reforms undertaken by the state government in the Ease of Doing Business and further added that the state would provide world-class industrial infrastructure as well as enablers like one of the lowest tariff power, improved infrastructure and clean environment. 

He also invited the gathering of potential investors to block their dates for the Rising Himachal Global Investors Meet and make it convenient to join at Dharamsala.

Bikram Singh also extended a warm welcome and shared with the gathering about the State's Readiness to attract investment. 

Ram Subhag Singh, Additional Chief Secretary, Tourism, delivered a succinct presentation on various investment opportunities in the tourism sector. He talked about encouraging high end tourism in the state and provided information about specific  projects.

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