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Assam eyes big-ticket investments with mega summit in February

With an eye on Asean market, state plans to woo investments into river transport, petrochemical sectors

Sarbananda Sonowal
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Sarbananda Sonowal sworn-in as Chief Minister of Assam in Guwahati. Photo: PTI

Subhayan Chakraborty New Delhi
In line with the government’s Act East policy, Assam is gearing up to woo big-ticket investments by throwing its weight behind a mega investment summit — the first of its kind in the Northeast — next February.

The two-day summit, called “Advantage Assam: Global Investors’ Summit 2018”, will be inaugurated by Prime Minister Narendra Modi on February 3. It will showcase sectors such as river transportation, petrochemicals and tea cultivation in which the state is strong, but needs more capital infusion.

The state has received more than $1 billion worth of investments over the past one year, Chief Minister Sarbananda