Advantage Assam Summit 2.0; Assam CM appeals diplomats, industry captains to come and invest in Assam

Advantage Assam Summit 2.0-    Chief Minister of Assam Dr.Himanta Biswa urged the Ambassadors, High Commissioners of ASEAN, BIMSTEC, European and other countries, industry captains and other stakeholders to come and invest in Assam.

In his keynote address to the diplomats from 36 countries, industry leaders and other stakeholders, Chief Minister Dr. Sarma said the State of Assam has been making rapid progress in infrastructure, health, education and other sectors in the past 10 years.

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He revealed that Rs.1 lakh crore new infrastructure projects are coming up in the state with three more new bridges over the Brahmaputra, a satellite city around Guwahati with help from Singapore Government, railway line from Guwahati to Gelephu, Bhutan, among others

Underscoring the importance of green energy, the Chief Minister said that the thrust of the Government has been all along on clean and green energy and renewal energy. He said that the government desires that all industries coming up in Assam draw their energy from green power sources, including the Tata semiconductor plant at Jagiroad.

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Projecting a strong and robust economy of the state, Dr Sarma said Assam is one of the strongest growth engines of the country growing at a rate of 12.5 per cent. He said that besides a strong economy, the state is also an educational hub with reputed institutions, including IIT, AIIMS, IIM, Indian Institute of Technology, Tata Institute of Social Sciences, several state and central varsities, agriculture university and upcoming projects like NIELIT University campus. “Assam has the requisite skill and ability to deliver. It has the wherewithal to ensure that those willing to invest get similar incentives as offered by any other states of the country,” he quipped.

In the same vein, the Chief Minister revealed that the government would create a corpus fund for production linked incentive of a whopping Rs 25,000 crore for ushering in rapid industrialisation in the state. “Come and become partners of Assam’s growth story,” he said.

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Dr Sarma said his Government is actively engaged in discussion with the Ministry of Defence for declaration of the adjoining areas of Guwahati towards Nagaon as defence corridor.

The Chief Minister said the government has given much emphasis on skill development with the North East Skill Centre imparting skills to 10,000 youths.

Heaping praise on Prime Minister Narendra Modi for according top priority towards development of the North East Region, the Chief Minister said it is Prime Minister Modi who named the Northeast as ‘India’s growth engine’ and ‘Ashtalakshmi’.

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Dr.Sarma also dwelt at length on the conservation success stories of Kaziranga and Manas National Parks as well as natural resources, besides preservation of rich heritage.

The Chief Minister appealed to the diplomats to come to Assam on February 24, a day before the Advantage Assam Summit 2.0 to witness the biggest spectacle of Jhumur dance to be performed by 8,000 dancers – an event to be witnessed by the Prime Minister and other dignitaries. “I appeal to you to come on February 24 to witness the Jhumur dance to feel the cultural vibrancy and youthfulness of Assam,” he added.

The Chief Minister during investors’ roundtable said Assam is a most peaceful state of the country with the crime rate going down drastically.

He said that projects are being fast-tracked with ease of doing business and single window clearance.”We are moving at a great speed on the infrastructure and industrial fronts,” he said, adding that the Patanjali project has come to fruition in a record time of 150 days.

He said the semi conductor plant by TATA coming up at Jagiroad will produce 48 million chips per day.
He said that transportation of gas is no longer an issue with gas evacuation and connections being operationalised under the National Gas Grid.

The Chief Minister said the second Gas Cracker project, bamboo-ethanol refinery, Biorefinery by Reliance are in the offing.

Dr Sarma said that play and plug facilities are being set up in Guwahati with 400 acres of land notified in industrial parks.

In his special address, Union Minister for Commerce and Industry, Piyush Goyal said Assam has immense potential for investment in agriculture, sericulture, aquaculture, food processing, jute and rubber plantation.
He suggested setting up helipads close to national parks whereby the state will be able to attract high end tourists.

Goyal said the Northeast has transformed in the past 10 years and is a great destination for investment with rail, road, air and waterways connectivity, digital technology, high literacy rate and hospitality culture and vibrant culture.

The Union Minister said Assam has the potential to become an automobile hub of Eastern India.
Goyal highly praised the Chief Minister for his leadership qualities, his passion for work and his vision to transform the state. “The leader defines the team and if the team is willing to push things aggressively, nothing can stop them from achieving any feat,” he added.

He said no state other than Assam has a tailor made package for projects worth Rs.100 crore.
Urging the investors to invest in Assam, Goyal said his ministry will place nodal officers to give hand holding support to those willing to set up projects.

Chief Secretary of Assam, Dr Ravi Kota gave an overview of Assam’s strengths and opportunities for investment in key sectors like tourism, fragrance and flavours, food and beverages, renewal energy and mobility and logistics. He cited Assam’s locational advantage as the gateway to BBN and ASEAN countries, rich natural resources, reliable and robust connectivity, skilled human resources, industry friendly industrial policy, policy ecosystem, ease of doing business and robust industrial infrastructure as key reasons for investment.

Secretary (East), Ministry of External Affairs, Jaideep Mazumdar said Assam is no longer a land of ‘lahe lahe’ (slow moving) and it is on the move with a faster growth trajectory.

The meetings and interaction with diplomats, industry leaders and investors were attended by Minister of State for External Affairs, Pabitra Margherita, Chairman, FICCI, NEAC, Ranjit Barthakur, President, FICCI, CEO, Invest India.

Union Minister for Commerce & Industries, Piyush Goyal also attended the investors’ roundtable.

The day-long precursor events to Advantage Assam Summit 2.0 began with a roundtable interaction with bilateral chambers and trade associations. Chief Secretary Dr Ravi Kota delivered the key address while MD, AIDC Ltd., Manavendra Pratap Singh gave a presentation on Advantage Assam 2.0. The welcome address was delivered by Vice President, States, Invest India, Kulathumani Karthikeyen.