Tuesday, September 16, 2008

CENTRE PROMISES PROJECT SECURITY

Guwahati
The Telegraph

The Centre today guaranteed security for all projects in the Northeast, irrespective of the quantum of the investment, in a desperate bid to court industrialists.

DoNER minister Mani Shankar Aiyar announced the “project guarantee security” plan at the 4th North East Business Summit that was inaugurated by Vice-President M. Hamid Ansari at the Sarusajai Stadium today.

Aiyar even went on to assure investors that there were no law and order worries in the Northeast, at least in most parts of the region.

“The situation has dramatically improved over the years. If there is a problem in any area we will provide you project guarantee security. It is our commitment to you all. The state government will work in tandem with the Centre to finalise a strategy to this effect in consultation with the investor,” he said.

The chief ministers of Assam, Meghalaya and Manipur, too, did their best to woo investment for roads, horticulture, food processing, mine-based industries, IT, health, eco and adventure tourism as well as education.

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