More than 50 business organizations, willing to invest in the state, have signed MoU in the two-day Destination Tripura-Investment Summit 2021 held at Agartala. The industry and Commerce department has formed a cell to look into the next course of action after signing the MoU.   

In a tweet, Tripura Chief Minister Biplab Kumar Deb thanked all the investors ‘for showing immense trust in Tripura …’.

The worth of the signed MoU stands at 2 thousand 564 crore rupees. The investment in the coming days is likely to cross 3 thousand crore rupees, said Industry & Commerce Minister Manoj Kanti Deb in a press conference called at Pragna Bhawan today.

“Investors have signed MoU for investing in rubber, bamboo, Agar, education, tourism and IT, etc sectors, which is expected to create more than 10 thousand job opportunities. Plans are there to invest in these sectors within a year or two”, he said and added more than 100 investors have joined in the summit.

The minister while interacting with the media also said, considering the objective behind organizing the two-day Destination Tripura-Investment Summit 2021 it has been a fruitful event. The state has a suitable environment for setting up industries. The state is surplus in power production, it has abundant natural gas and many other natural resources.

Chairman of Tripura Industrial Development Corporation (TIDC) Tinku Roy in the press conference said a special cell has been formed in the Industry & Commerce department which will pursue the next course of action with the investors who have signed the MoU.

Secretary of Industry & Commerce department Dr. Prashant Kumar Goyal, Director Tarit Kanti Chakma were also present during the press conference.

Curtains were drawn on the two-day Investment Summit today. Industry & Commerce Minister in the valedictory session said, emphasis has been put to business based on raw materials available in the state. He then thanked everyone including the investors, representatives of different organizations and departments for the successful organization of the Summit.

The TIDC Chairman in this session lauded the Prime Minister and the Chief Minister for their sincere efforts for the overall development of the state and also assured that the state government will provide all kinds of help to the investors in this regard. He also reiterated that Tripura has inputs and raw materials, as well as investors, will be able to explore the Bangladesh market.