Kronu calls USA, Canadian investors to Nagaland

Our Correspondent
Kohima | October 9  

Parliamentary Secretary for Planning & Co-ordination, Evaluation & Monitoring Cell and Taxes, Neiba Kronu has called on various companies/share holders in the USA and Canada to come and explore, invest in Nagaland as the state is rich in mineral resources and has several untapped areas.  

He conveyed this to various companies/share holders while accompanying an Indian delegation spearheaded by the Federation of Indian Chambers of Commerce & Industry (FICCI) to the USA and Canada from October 3 to 7 October 2016 with the support of the federal and provincial government. The Federation of Indian Chambers of Commerce and Industry (FICCI) which was established in 1927 is the oldest Apex business organization which is also the voice of India’s industry and business. It provides a platform for networking and consensus building within and across sectors.  

The main focus of the delegation is to connect between Canadian and USA organizations and financial institutions who are interested to work with India and invest in the infrastructure development of the country.  

The Indian delegate was welcomed by Akhil Tyagi, Area Director –South Asia, Ontario, Ministry of International Trade, while Manab Majumdar, Assistant Secretary General, FICCI introduced the delegates to the dignitaries present and gave an opening remark.  

While discussing  business with foreign companies, Kronu highlighted that the Government of Nagaland has decided to set up the Nagaland Investment Board (NIB) in order to attract investors and to keep business to business, people to people contact through public, private partnership (PPP) mode, joint venture etc.  

Kronu also requested the funding agencies to come forward and invest in Nagaland as the state government is looking forward to infrastructure development in roads & highways, railways, air connectivity, power, agriculture, Inland waterways etc.  

Earlier, Kronu also visited Israel to study the planning system and farming in the country.



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