The Mizoram government has signed investment agreements worth Rs 2,100 crore during a two-day Investors’ Business Summit that ended on Saturday.
“The signing of investment deals worth a total of Rs 2,100 crore signifies the success of the two-day Summit. It is a significant milestone and heralds the dawn of investment business in Mizoram,” Chief Minister Lal Thanhawla said.
The Mizoram CM signed agreements with Deepak Khera, MD, Hospitality Doctor and Premjit, chairman, Sungevity Enterprises. While Hospitality Docor will invest Rs 1,500 crore, Sungevity Enterprises will invest Rs 600 crore in Mizoram.
Lal Thanhawla said Mizoram is moving in the path of development, putting thrust on road connectivity which is one of the major prerequisites for investment.
Saying that Mizoram has a lot of scope for investment in different sectors, Lal Thanhawla said the State will open up huge opportunities for investors as the Look East Policy would soon transform Mizoram into India’s economic gateway to Southeast Asia.
The Magnetic Mizoram Investors’ Summit held in Aizawl was organised by the State Government in association with its business partners Innovations India to showcase the immense yet unexplored business opportunities and some unparalleled advantages about the State to the investors.
The Investors Summit was inaugurated by Lal Thanhawla at Tourism Convention Centre at Berawltlang in the outskirts of Aizawl.
The Summit was also addressed by DoNER secretary Naveen Verma and Ministry of External Affairs, OSD (States) MLK Raja, who spoke on various schemes and fund under their respective Ministries.
During the Summit, a discussion and exploration of ideas for the development of Mizoram in various sectors was held with special focus on infrastructure, information technology, education, skill & entrepreneurship development, creative industry, films, music, fashion, sports, tourism, art & culture.
The Summit saw delegates from Germany, Russia, Poland, Singapore and investors from different parts of the country.