West Bengal received Rs 3.42 trn investment proposals at biz summit: Mamata

Investment proposals worth Rs 3.42 lakh crore were received by West Bengal in this year's business summit, CM Mamata Banerjee said

Mamata Banerjee
Mamata Banerjee, CM of West Bengal. Photo: ANI
Press Trust of India Kolkata
2 min read Last Updated : Apr 21 2022 | 4:05 PM IST

Investment proposals worth Rs 3.42 lakh crore were received by West Bengal in this year's business summit, Chief Minister Mamata Banerjee said on Thursday.

Addressing the valedictory session of the Bengal Global Business Summit, she said that a total of 137 Memorandum of Understandings (MoUs) and Letters of Intent (LoI) were signed for the investments.

Around 40 lakh jobs will be created when these investments are made, she said.

A task force will be set up under the chief secretary for speedy implementation of these projects, she added.

Sectoral committees for agriculture and allied services, MSME, exports, services sector and tourism were also set up at the summit.

These committees, co-chaired by industrialists, will meet once a month. These committees will give policy suggestions to create more jobs and attract investments, the chief minister said.

The business summit was attended by 4,300 participants from 42 countries, she said.

The chief minister announced that the next business summit will be held from February 1 to 3, 2023.

In the last five editions of the summit, the state had attracted investment proposals worth Rs 12 lakh crore, which are in various stages of progress, having the potential to create 1.5 crore jobs.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Mamata BanerjeeWest BengalInvestment proposals

First Published: Apr 21 2022 | 4:05 PM IST

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