Bengal braces for $ 15-bn infra investment

    In its quest to build world-class infrastructure across the state, the West Bengal government has decided to invest $15 billion in the next five years to improve infrastructure to encourage further investments. The investment is being targeted to construct roads, flyovers, ports, power and several other projects but it will also boost industrial development and investor confidence. Pitching for investment evolved around the strategic importance of the state in terms of geography as the state is a gateway to Asia and South-East Asia. From Bengal, one can nurture Bhutan, Nepal, Bangladesh, north-east India, and East India", the CM said that international locations like Thailand, Malaysia, Myanmar, Singapore can be tapped from the presence in West Bengal. Even China and Japan are not far away from West Bengal, she insisted. The fourth season of the Bengal Global Business Summit is scheduled to be held on January 16-17 next year and the chief minister has been actively campaigning to bring in big-ticket investment into the state to meet its investment requirements. Infra building biggies like Reliance Industries' chairman Mukesh Ambani and JSW supremo, Sajjan Jindal, have already committed to participate in the trade event. In addition, she also exhorted investors in UK including steel magnate L N Mittal to attend the mega event and commit huge investment in the state.
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