Assam Industries and Commerce Minister Chandra Mohan Patowary interacted with 11 companies of Singapore through a webinar from Guwahati on June 22.
Chief Secretary Kumar Sanjay Krishna and Commissioner and Secretary KK Dwivedi also attended the webinar, which was coordinated and facilitated by Enterprise Singapore and Invest India.
Enterprise Singapore is a statutory board under the Ministry of Trade and Industry in Singapore.
The companies included representatives from Advanced Produce Centre Development Pvt. Ltd. (APC), Agrocorp, Capita Land (Ascott), Nanyang Polytechnic, Skill SG Venture (SSGV), ALLIN Technologies, etc.
The Singapore-based companies expressed their interest to invest in Assam in areas like food processing, hospitality sector, infrastructure development, industrial town development, start-ups, airline catering, skill training, organic farming and marketing.
“Singapore can be a model for accelerated growth in industry, trade and commerce and education sectors in the state,” said Patowary.
He added that Assam government has tied up ITE Education Service, Singapore for setting up of a skill university at a cost of Rs 850 crores at Darrang, Assam.
Highlighting Assam’s location-advantage as the gateway to South East Asian region, Patowary further said Assam offers the perfect launch pad for marketing of goods, products and services encompassing 80 million population in the South East Asian Region.
Chief Secretary Krishna said historical legacy, policy framework, location-advantage and robust infrastructure are prerequisites for any investment and deliberated on the state’s key economic components like oil and natural gas, energy, food processing, agriculture and highlighted the Compound Annual Growth Rate of 12 per cent of Assam in the last five years.