CM invite investors to Arunachal

AHMEDABAD, Jan 11: Chief Minister Pema Khandu asserted that with its strategic location between Bhutan, China and Myanmar vis-à-vis Govt. of India’s Act East Policy, Arunachal Pradesh offers immeasurable opportunities for business and growth.
Convening an Investor’s Meet on the side-lines of the inaugural function of the 8th Vibrant Gujarat Global Summit Tuesday evening, Khandu stated that Arunachal Pradesh is ready to accept investments in Agriculture, Horticulture and Tourism sectors immediately to begin with.
“Arunachal Pradesh is favourably situated between the huge markets of mainland India in the South and South-Asian countries beyond its borders,” he pointed.
The Chief Minister observed that Arunachal Pradesh remained closed to investors from outside due to its remoteness and poor market. However, he said the state is opening up its treasure trove with better communication network like the Trans Arunachal Highway, Advance Landing Grounds, and extension of railway lines, better bridges, etc and a more congenial atmosphere of doing brisk business.
“Arunachal Pradesh now means serious business and that’s why we are here today,” he remarked.
Hosts of business houses based in Gujarat and elsewhere, while expressing their keen interest in doing business in Arunachal Pradesh, swarmed the Arunachal help-desk with their inquisitives on existing investment policy, Land Laws, Tax structures, mobility within and beyond the State, Banking facilities, etc.
The investors, which also included the Sun Group, expressed keen interest in high-end tourism, luxury hotels, solar power, education, food processing and other agriculture and horticulture related sectors.
Several probable investors also raised issues relating to State’s take on investor oriented investment policies, flexibility of laws, to which the Chief Minister assured assistance in the form of investor friendly policies, subsidies from Union Government, tax holidays and single window clearances.
The Chief Minister invited the investors to Arunachal Pradesh where a seminar on investment will be organised to address issues of the investors in detail.
It is expected that about 20 potential investors from Gujarat who expressed their keen interest on investing in Arunachal Pradesh will visit the State in the month of February to explore areas of investment.
Deputy Chief Minister Chowna Mein, Parliamentary Secretary for Tourism PD Sona, Chief Secretary Shakuntala D Gamlin, Principal Secretary (Home) Satya Gopal and Commissioner Investment Ashis Kundra, Secretary to CM Sonam Chombay were present in the meeting.



Thank you for your valued thoughts and views. But we need to be judicious while moderating your comments, so please do abstain from posting comments that are obscene, defamatory or inflammatory and do not indulge in personal attacks. We request our esteemed readers to help us delete comments that do not follow the prescribed guidelines as above, by writing to us at Comments Section.

  1. Begging for a investment is so awkward first make your state feasible to invest in then think of calling investors Mr cm.

  2. First and foremost govt.of A.P should concentrate to develop and harness the hydropower potentials,then only the people of. A.p shall be convinced by the power mongers politician of. The A.P

  3. Govt should be motivation for development of Hydro project at state, It is huge revenue generation of state & it will create to employment generation.but present state keep mum in hydro project, many developer worry to investment at project.why HDPCAPL not initiative step?

  4. Issues like,Power,connectivity and investment friendly atmosphere comes at later stage. It’s the Land which is major hurdle because the State Government does not have even an inch of land. No break through will be made in till issue is addressed.

  5. Investor will come ,will sign MoU….but when they will start the field. Activity..They will be greeted in field with slogan,,daos,beating of surveyor and many more.and in other side,Investors will get problem in documentation as state govt does not have land act,industrial policy and other friendly forest policy for outsiders investors.
    Mr.CM ,if you can convince those hydro power developer to start the project that will be enough for Arunachal.
    And the important point is …when the political situation is unpredictable ..No intelligent investor will come…

  6. There is potential to invest in Congress and PPA some crores of rupees to win election in 2019 is the short term. In long term Rahul Gandhi is potential candidature of Prime Minister of AP.

  7. Very funny. Where do the businessmen invest where there is virtually no roads and no planning at all.

  8. Good notions but will not better achievement. Still he is abiding the major steps I.e hydro potential and not following the tract of his late father.

Comments are closed.