Centre plans North East investment promotion week

Centre plans North East investment promotion week
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First Published: Tue, Jan 13 2009. 01 37 PM IST
Updated: Tue, Jan 13 2009. 01 37 PM IST
By PTI
New Delhi: With an aim to attracting more investment from the ASEAN countries to the North Eastern states, the Centre is planning to organise a North East investment promotion week in Vietnam’s Ho Chi Minh city later this year.
Officials at the Ministry of Development of North Eastern Region (DoNER) said the event is being organised in Vietnam so as to ensure maximum participation from the ASEAN countries.
They said all the chief ministers of the region will be invited to the meet to showcase their states as attractive investment destination.
The Government had earlier organised a “North East India Trade and Investment Opportunities Week” in Bangkok and a North East Investment Opportunity Day in New York.
The decision to hold an investment week in Vietnam comes after envoys and representatives of over 10 ASEAN countries participated in the The 4th NE Business summit, which was held in Guwahati in September 2008.
The Summit generated a high degree of investment interest in the region by the ASEAN countries and now we want to take it forward, officials said.
They said ASEAN countries as well as many European nations have also shown their interest in investing in the region.
“We are also planning to take envoys of many European nations to the North East as they have also shown keen interest in investing in the region,” they said.
Officials said even envoys of some Arab countries have also expressed interest in visiting the region to explore possibilities for investment.
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First Published: Tue, Jan 13 2009. 01 37 PM IST