Investors' summit: 79K cr investments expected in Assam

Investments of Rs 79,000 crore is expected to fructify in Assam following the 263 pacts signed between the state government and different investors during the Global Investors' Summit held last month, Industry Minister Chandra Mohan Patowary today.

In a reply to questions of Abdul Khaleq (Cong) in the Assembly here, Patowary said the Ambani, Tata and Adani groups, Inland Waterways Authority of India, Airports Authority of India and others had also expressed desire to invest Rs 20,000 crores in the state.

He said investors from different countries had participated in the summit including Bangladesh, Bhutan, Canada, Cambodia, Czech Republic, Germany, Israel, Japan, South Korea, Laos, Myanmar, Thailand, Netherland, Saudi Arabia, England, USA and Vietnam.

On the expenditure incurred by the state government to host the summit, Patowary said only after receiving all the bills from various sources and calculating them will the final expenditure figure emerge.

However, the government has released Rs 25.40 crore so far in four installments to event partner Federation of Indian Chamber of Commerce (FICCI), Rs 30 crore under various heads of account, he said, adding, the Centre has given sanction for release of Rs 10.59 crore for the event.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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