Investors Summit concludes: MoUs worth `1,20,150 cr signed

| | Dehradun
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Investors Summit concludes: MoUs worth `1,20,150 cr signed

Tuesday, 09 October 2018 | PNS | Dehradun

The Investors Summit concluded in Dehradun with memoranda of understanding worth Rs 1,20,150 crore being signed between various enterprises and the State. Speaking on the occasion, the Union Home Minister Rajnath Singh said that considering the response received to the first investors summit held in Uttarakhand one can say that well begun is half done.

Speaking at the valedictory session of the summit, the Union Minister said that the investors summit would prove to be a historical event in Uttarakhand.

He said, “I was expecting that in a State like Uttarakhand MoUs amounting to Rs 50-60,000 crore would be signed. But the worth of the MoUs signed in itself is a major achievement of the State Government. Uttarakhand has no dearth of natural and human resource but what seemed to be lacking was a partnership between these two resources.” He said that by holding this successful investors summit, the Chief Minister Trivendra Singh Rawat has performed akin to a cricketer hitting a century.  Referring to Uttarakhand, he said that even from the law and order point of view, the State is ideal. “I know that an investor will not take a chance unless guaranteed a proper law and order situation.

This is another plus point in Uttarakhand as there is no law and order headache here. I would like to elicit focus specially on tourism, health and wellness sectors in Uttarakhand. The situation here is ideal for investment and developments especially in these sectors.

I got to know that about one crore tourists visit Uttarakhand in a year. Why should one not strive to attract five crore tourists a year to the State?”

He, further, opined that considering the efforts being undertaken by the State Government, soon the trend of reverse migration would be experienced in the State.

Speaking on the occasion, Chief Minister Trivendra Singh Rawat thanked investors for their response to the summit. He said that 601 MoUs amounting to Rs 1,20,150 crore had been signed between various enterprises and the State Government.

More proposals are expected from investors later during this month. He said, “The investors summit has prepared a launching pad for major developmental works in the State.

This will help us achieve the desired level of development by 2025 when the state will mark the silver jubilee of its creation.This summit was held under the guidance of Prime Minister Narendra Modi.

During the inaugural session he had spoken of spiritual eco zone being the unique strength of Uttarakhand. We will work towards capitalising on this.”

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