Chennai: Tamilnadu Chief Minister M K Stalin, who recently visited Dubai to attract investments, will soon fly to countries such as the US, UK and Germany to meet investors, sources say.
‘Since Dubai trip was a success and with more countries evincing interest in investing in Tamilnadu, the CM will travel to meet investors,’ sources said.
Meanwhile, speaking in the Assembly, Stalin said the State government
will conduct the Global Investors Meet (GIM) towards the end of 2023 to attract more investments into the State.
Making a Statement under Rule 110 in the State Assembly, he said the pro-industrial policies of the government had boosted the confidence of industrialists, who were keen to invest in the State.
Stating that the Foreign Direct Investments into Tamilnadu has increased by 41.5 per cent during the period April to December, 2021, he said the government will attract more investment through the GIM and generate job opportunities for lakhs of youth in the State.
He also pointed out Guidance, which was involved in attracting investments
into the state, has been awarded as the Best Investment Promotion Agency in
Asia Oceania Region’s annual investment meet.
Dwelling at length the steps taken by his 10-month old government in
attracting investments into the State, including his recent visit to UAE, where
investments to the tune of Rs 6,100 crore were signed in Dubai and Abu Dhabi, the Chief Minister said MoUs were signed for 14 projects worth Rs 6,100 crore, which would generated 15,100 jobs.
Stalin said his government had started efforts for the second phase to attract
investment. In May this year, the state will meet investors in the World Economic Forum’s annual meeting in Switzerland and the event in Hanover in Germany, the Global Offshore Wind in June in England and meet investors in the US in July and efforts had already begun in this regard.
He also pointed out that the government, after coming to power, had signed
130 MOUs for investment worth Rs 68,375 crore to generate 2,05,802 jobs.