• Advantage Assam 2.0: State Eyes For Rs 1.50 Lakh Crore Investment, Infra Projects

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    Advantage Assam 2.0: State Eyes For Rs 1.50 Lakh Crore Investment, Infra Projects
    CM Sarma also said that the Rs 1.5 lakh crore estimates exclude major corporate announcements yet to be made by the biggest industry leaders of India including Mukesh Ambani, and Sajjan Jindal.

    Digital Desk: Assam is contemplating to secure investments and infrastructure projects worth Rs 1.5 lakh crore from the Advantage Assam 2.0: Investment and Infrastructure Summit, set to commence on February 25 and 26. Addressing a press conference at Lok Sewa Bhawan on February 20, Chief Minister Himanta Biswa Sarma expressed his confidence that the summit would bring investments of over Rs 1 lakh crore, alongside infrastructure projects worth Rs 50,000 crore, largely supported by the Central Government.

    CM Sarma also said that the Rs 1.5 lakh crore estimates exclude major corporate announcements yet to be made by the biggest industry leaders of India including Mukesh Ambani, and Sajjan Jindal.

    The CM said, "I am confident that the summit will bring anything beyond Rs 1 lakh crore, and there is also scope for more, on the infrastructure front, we expect projects worth over Rs 50,000 crore."

    He added, "We still don't know what Ambani, Jindal, and others will announce-that is their prerogative."

    CM Sarma also mentioned that more than 1500 requests for Memorandums of Understanding (MoUs) have been received by the state government across various sectors including hospitals, universities, medical colleges, sustainable aviation fuel, power projects, etc.

    CM Sarma further said, "Huge announcements can be made, but our priority is to ensure that all investments are real. That's why we are taking a close look at every proposal."
    "The cabinet will conduct a thorough scrutiny on February 23, and no MoU will be signed without its approval. We want to ensure that we can actually facilitate these investments," he said.

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