HP signs 93 MoUs with investment of Rs 2,219 crore

| | Shimla
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HP signs 93 MoUs with investment of Rs 2,219 crore

Thursday, 12 September 2019 | PNS | Shimla

Ninety Three MoUs were signed by the Himachal Government to attract investment worth Rs 2,219 crore during the mini conclave of proposed global investor’s meet held on Wednesday at Manali with 63 of them for tourism sector only with investment of Rs 1,500 crore.

Presiding over the mini conclave which was attended by the entrepreneurs from Himachal Pradesh and other States, Chief Minister Jai Ram Thakur said the State Government has conducted three international road shows in Germany, Netherlands and UAE and six domestic roadshows in Delhi, Bangalore, Hyderabad, Mumbai, Ahmedabad and Chandigarh where positive response was received from business community to invest in the State.

Thakur said the State Government has adopted holistic approach to attract investment and Himachal Pradesh was now ranked top among fast mover’s category in ease of doing reforms.

The Single Window Monitoring and Clearance Authority of the State reflect strong commitment of the

Government to ensuring efficiency, transparency, timeliness and accountability in providing services to investors.

The Chief Minister said till date as many as 419 MoUs have been signed in different sectors with an investment of Rs 41,000 crore.

He added the mini conclave of Global Investor’s Meet being organised at Manali aims at listening to the problems of entrepreneurs and businessman of our State and ensuring their redressal so that they could leverage the maximum benefits of Global Investors Meet.

Health and Family Welfare Minister Vipin Singh Parmar,  Industries Minister Bikram Singh Thakur and Forest Minister Govind Thakur also spoke on the occasion.

Chief Secretary Shrikant Baldi said the focus of the Conclave has been tourist, health and wellness.


To facilitate the smooth organisation of Himachal Pradesh Global Investor’s Meet being organised at Dharamshala on 7-8 November, the state government on Wednesday constituted nine committees. These include organising, hospitality and protocol, transport, city beautification and cleanliness, media, exhibition, cultural, security, fire services and emergency and local organising committee.

In addition to this, specific work has been assigned to four professional agencies namely Confederation of Indian Industry (CII) as National Partner, Ernst and Young LLP as Knowledge Partner, Square Communication Ltd. as Media Partner and Integrated Conference and Event Management (ICE) as Event Partner.

The professional agencies have been entrusted with the planning, designing and implementation of various components of the Meet as per their mandate. The respective committees would take their assistance in discharge of the work assigned to them.

The organising committee has been constituted in the chairmanship of Chief Secretary to ensure general supervision and co-ordination of all activities of the Global Investor’s Meet. It will also liaison with the Prime Minister’s office, other Ministries, countries and states and Ambassadors. 

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