Haryana Chief Minister, Bhupinder Singh Hooda has assured total support of the State Government to any investor of Singapore, who is interested to invest in the State and added that to start with, the Haryana government could identify a few core areas and appoint a nodal officer for monitoring investment proposals from Singapore.
The Chief Minister was interacting with the members of a business delegation led by senior Minister of Singapore, Goh Chok Tong, who called on Hooda here Tuesday evening.
The delegation included senior Minister of State, Dr. Balaji Sadasivan, Member Parliament, K. Shanmugam and High Commissioner of Singapore in Delhi, Calvin Eu.
Haryana also sought cooperation of companies of Singapore in the areas of development of infrastructure, power generation, construction of rail-road bridges and rapid mass transportation system.
Goh Chok Tong, who was highly impressed by a presentation on possibilities of investment in Haryana and State’s developmental strides, said, “We may not require cooperation of anybody else.”
Tong added that the purpose of this visit was to have better understanding of the opportunities of the cooperation between the two countries Singapore and India. He made several queries, especially in the areas of availability of manpower, special economic zones and Haryana Government’s plan to develop new townships in the state.
Hooda said that Haryana was among the fastest growing States in the country and had witnessed an unprecedented flow of investment to the tune of Rs. 8.25 billion US Dollars since 2005 and projects involving an investment of Rs. 16.50 billion US dollars were in the pipeline.
This, he said, has been possible because of the conducive environment created in the state where the investors could feel at home.
Hooda said that there were tremendous opportunities for the companies of Singapore to invest in India, especially in Haryana. He described Singapore as India’s most important trading partner amongst the ASEAN countries and said that it was the sixth largest country in terms of investment in India.
He said that Haryana has the highest per capita income in the country amongst the bigger states. The Centre for Monitoring of Indian Economy has ranked Haryana as number one state in the country in attracting investment.
The Haryana Financial Commissioner and Principal Secretary, Industries, P.K. Chaudhery, who gave a presentation on investment opportunities in Haryana and the new initiatives taken by the state government, said that the State government has clear policies for effective planning. Haryana Government has a plan to develop three cities of Sampla, Badli-Jahagirpur and Ganaur-Samalkha to replicate Gurgaon.
He said that the implementation of projects in Haryana is much faster and the investors have natural advantage of the state being surrounded by the National Capital of Delhi from three sides.
The members of the business delegation, accompanying Tong also made certain queries, which were promptly responded by the senior officers of Haryana Government present in the meeting.
Others present in the meeting included Chief Secretary, Dharam Vir, Principal Secretary to Chief Minister, M.L. Tayal and Managing Director of Haryana State Industrial and Infrastructure Development Corporation, Rajeev Arora.
Posted By Staff Reporter: Gurgaon City News
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