Agartala, May 3: To uplift the rubber, Bamboo, agriculture and health services in the state, the Tripura government on Tuesday signed 8 Memorandum of Understandings (MoUs) with investment proposals of Rs 312.38 crore.

The MoUs were signed after a state level investment round table meeting, where Chief Minister Manik Saha, top central and state government officials, investors and industrialists from different parts of the country took part.

The investors signed the MoUs with the Tripura government to set up rubber based industry, plywood industry, mechanical agarbatti rolling, medical and skill education, BPO, warehouse, hospitality, agro and milk processing.

The proposed ventures envisage creating employment opportunities for several hundred people.

The Chief Minister later said that during the one-day investors’ meet over 140 investors and industrialists from across the country participated.

Saha said the state government is providing investment subsidy, 15 per cent procurement subsidy, industrial promotions subsidy, power subsidy, partial reimbursement of interest on term loans, one time full reimbursement of standard certificate charges or fees, employment cost subsidy, export promotion subsidy, state promotion subsidy on secondary raw materials at 50 per cent among different benefits to attract industry and businesses in Tripura.