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MP to host Global Investors Meet in Bhopal in Oct

Madhya Pradesh government will organise a two-day Global Investors Meet in Bhopal from October 26.

business Updated: May 11, 2007 09:29 IST

In an effort to attract investments from abroad, the Madhya Pradesh government will organise a two-day Global Investors Meet in Bhopal from October 26, state Chief Minister Shivraj Singh Chauhan has said.

Chauhan, who was in the British captal to extend a personal invitation to businesses interested in investing in the mineral-rich state, said those attending the meet from abroad would be treated as "State Guests" and their boarding and lodging will be taken care of by the government.

Infrastructure, agro-processing, automobiles, IT, and development of tourist spots were some of the areas where the state is expecting investments from abroad, Chauhan told the media on Thursday night.

He also held an interactive session with potential investors at the India House, organised by the High Commission.

Chauhan said Madhya Pradesh had developed a "single table" clearance for all investment projects.

The chief minister also said the state possesses abundant skilled manpower, electricity, water and historic tourist spots and investors failing to invest now would regret it after five years.

OP Rawat, Principal Secretary to the MP government, Dept of Commerce, Industry and Employment, told that after the last visit by a previous delegation, the state had attracted Rs 11,000 crore from the US and Rs 80 crore from the UK.

The investments from UK was mostly from NRI industrialist Lord Swraj Paul, he said.

The chief minister, accompanied by a large business delegation, is also scheduled to visit the US.