G-20 Science Summit: Many investors shown interest to invest in Tripura, CM

On the first day of G-20 Science Summit begins at the In-door Exhibition Hall of International Fair Ground, Hapania, Tripura has received tremendous response for large-scale investments in different sectors including health.

After first half of the summit, Chief Minister Dr Manik Saha accompanied by two ministers Santana Chakma and Bikash Debbarma addressing a press conference at the conference of international fairground said that by utilizing the vast natural resources of the state, the delegates joining the G-20 summit has a detailed discussion for different types of investment in the sectors of bamboo, green energy including biomass, electric vehicles, hospitals and allied business, food processing, tourism, IT, pharmaceuticals, tea , rubber and Agar based industries.

The Chief Minister said that during discussions with the investors participating in the summit, two have shown their interest in setting up a medical college and top class hospital, targeting the patients from neighbouring Bangladesh.

Dr Saha speaking in a press meet  urged the business community of the country and abroad to invest in the state, taking advantage of natural resources and good connectivity.

He said that many investors have shown their keen interest to invest in the state including business delegates from the country as well as abroad are in the sectors like electric vehicle projects and also in healthcare, food processing, tea, rubber, bamboo and pharmaceutical sectors, he said.

Majority of them  want to sign memoranda of understanding (MoU) instantly with the government seeing the possibilities in various sectors, said Dr Saha adding that the state government has taken initiative to generate power by utilizing the solar energy and for the Green Hydrogen projects, the centre had already sanctioned a sum of Rs. 10,000 crore.

He said that of the total of 107 MW state power generation, 10MW power are being generated from solar energy and the government has set up 18 micro-grid stations in the remotest parts of the state to provide power supply and 174 micro-grid stations are in the pipeline.

He said that about 3000 families will give electric connections through the Biomass programme, which is the main target of the G-20 summit to provide green energy.

The two-day conference beginning on Monday was organised at the International Fair Ground in Hapania in West Tripura district, around 10 km from Agartala.

Terming the investors' summit as "fruitful", Saha said the government wants to "check the sustainability of any proposal because the volume of investment and employment possibility are the key factors".

He said that Tripura has already begun working on clean energy for sustainable development. “Considering the huge potential of big investment in the state with all kinds of facilities, we are very much hopeful that the future of Tripura is very bright,” said Dr Saha.

Asserting that the state will "initiate work on green hydrocarbon by using bamboo resources, Dr Saha said the government is keen to work with the Vietnam model which has been doing well in the sector.

Around 75 delegates from different G-20 nations, international organizations and NITI Aayog have joined the event on clean energy for a greener future. Experts from the Indian National Science Academy, Indian Institute of Science (IISC), National Chemical Laboratory and Indian Institute of Science Education and Research and IIT Delhi have also participated in the event.