GUWAHATI, Jan 6 – Calling upon the industry and commerce circles to invest in the North-East, Union Home Minister P Chidam-baram today said that the region had immense prospects for investors and the need of the hour was to harness that potential.
The Home Minister cited hydro-electricity, minerals, education and tourism as some of the areas holding promise for investment.
Addressing the two-day North East Business Summit organized by the DoNER Ministry and Indian Chamber of Commerce (ICC) that got under way at New Delhi today, Chidambaram made a strong pitch for investing in the North-East, and said that the law-and-order situation in the region had improved substantially and hence there was no reason for prospective investors to be apprehensive about investing in the region.
“The situation in the North-East has improved a lot, with the conflicts showing a marked on the decrease in recent years,” Chidambaram said.
Referring to Assam, the Home Minister said that under the initiative of the Tarun Gogoi-led State Government, the situation had made a turnaround with most of the militant outfits now engaged in the peace process through political dialogue.
“The State has made rapid strides in the past few years and substantial improvements have been witnessed in infrastructure and communication development,” he said.
Chidambaram said that putting the North-East in the path of development was a priority with the Centre, for which funds would not be a constraint.
Chief Minister Tarun Gogoi, in his address, asserted that peace had returned to the State and that the prospective investors had nothing to feel insecure about in Assam.
Referring to agriculture, horticulture, cane and bamboo, rubber as some of the sectors having sound prospects for investment, Gogoi said that the State Government was playing the role of a facilitator to bring in the desired investments.