PM Modi inaugurates Global Investment Summit, says NE key to Asean connect

Guwahati, Feb 3: Prime Minister Narendra Modi on Saturday inaugurated Global Investors Summit 2018 – ‘Advantage Assam’, here and said a new terminal being constructed at Guwahati airport would boost the region’s connectivity with ASEAN nations. 

Addressing at the inaugural event, Modi expressed his happiness that Bangladesh and Bhutan have opened their consulate offices in Guwahati and said the northeast is at the heart of India’s ‘Act East Policy’.

“Rs 4,700 crore was allocated to extend railway connectivity to 15 new destinations. When the Agartala (Tripura)-Akhaura (Bangladesh) railway connectivity becomes a reality in the near future, the whole region will be benefited,” he said.

“Assam is ranked first among the North Eastern States in the Ease of Doing Business report. With the present leadership of the state government, Assam is going to further improve its current position to emerge as one of the most sought after states for investment”.

The Prime Minister asserted the tagline of the meet – ‘Advantage Assam: India’s expressway to ASEAN’ – is very appropriate and not just a statement but it is a “comprehensive vision”.

“We created the Act East Policy and the Northeast is at the heart of it. The Act East Policy requires increased people to people contact, trade ties and other relations with countries on India’s east, particularly Asean countries,” Modi stated.

“Our vision is the development of the eastern part of India, as the country’s fast pace of development will only be effective when the people living in the northeast develop,” he said.

The two-day summit which commenced from today, organised by the Assam Government, in association with the industry body the Federation of Indian Chambers of Commerce and Industry (FICCI), will showcase the state’s manufacturing opportunities and geostrategic advantages to foreign and domestic investors.


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