By Firstdespatch Desk May 02, 2023
Agartala, May 02 (FD) Tripura Government today signed eight Memorandum of Understanding of Rs 312.38 crores in presence of Chief Minister Prof. Dr. Manik Saha and 141 investors with an aim to boost the trade and industries.
Dayton Natural Resources Private Limited has signed a MoU of Rs 247 crores for setting up another medical college in Dhalai district in Tripura Tribal Areas Autonomous District Council (TTAADC), which is the home to state’s indigenous people constituting one third of the state’s estimated forty lakh population.
At present, the state has two medical colleges, of which one is Agartala Govt Medical College (AGMC) and the other is Tripura Medical College (TMC), run by a society and one Dental College.
The investors showed interests in healthcare, agro processing, milk processing, agar, bamboo, rubber, tourism, food processing etc and said with Bangladesh and entire South East Asia in close reach, Tripura would become gateway of business and trade in the NE region.
Chief Minister Dr. Manik Saha said a one-day North-East Global Investors Summit held today found 141 investors participating here and eight MoU have been signed so far.
He said, Tripura is an investment friendly state which provides investment subsidy, 15 percent procurement subsidy, industrial promotions subsidy, power subsidy, partial reimbursement of interest on term loans, one time full reimbursement of standard certificate charges or fees, employment cost subsidy, export promotion subsidy, state promotion subsidy on secondary raw materials at 50 percent among different benefits rolled out to attract businesses here.
Saha said Prime Minister Narendra Modi had gifted HIRA (Highway, Internet way, Road way, Airway) model to develop infrastructures for investment and industries and Tripura has emerged as a connectivity hub. It is also becoming the gateway to the South East Asia.
"In future, a huge corridor will be built in South East Asia and a business hub will be built with Tripura at the forefront. Huge employment scopes will be created in Tripura in the days to come", he said and added that the investment summit is just the beginning and others are coming as well.
SM Abul Kalam Azad, secretary general of the Indo-Bangla Chamber of Commerce and Industries (IBCCI) said several Bangladeshi businessmen are looking for bamboo based industries, bamboo pulp and paper mills, minerals, spices and invest in garments sector.
"If garments can be made here and exported to other parts, it can explore the potential here since there are no major garments factories here except handloom industries", he said.
Chief Minister said, Tripura has now seven national highways, very well connected by air and having one of the best airports in eastern India and has the third strongest internet gateway in the country
He said, “Now we have access to the Mongla and Chittagong ports. The connecting bridge over the river Feni in South Tripura with neighboring Chittagong in Bangladesh was completed and would be operational very soon. Tripura would be an appropriate place for investment”. EOM