Agartala, Feb 9: The Tripura government has secured investments worth approximately Rs 3,700 crore through 87 Memorandums of Understanding (MoUs) signed with various investors.

Tripura chief minister Manik Saha stated while addressing the Business Conclave ‘Destination Tripura’ at a private hotel in Agartala.

“Finally, we can say that we have succeeded in this initiative. About 87 investors have signed MoUs with the state government, amounting to an investment of approximately Rs 3,700 crore. Investors seek peace and harmony in the places where they invest. We have ensured an environment of peace and stability in Tripura, which is why investors are coming here and feel safe. Additionally, we offer several incentive schemes, including subsidies in the electricity sector and capital investment. The state also has many industry-friendly policies,” Saha stated.

Saha said, “Our Prime Minister Narendra Modi has referred to the North East as ‘Ashtalakshmi’ and prioritized its development through the Act East Policy. Tripura is one of the most peaceful states in the country and in the North East. The state has a vast reserve of natural gas, resulting in power surpluses,”.

Saha further stated that Tripura has benefitted from the HIRA model, which has led to remarkable improvements in national highways. The Maharaja Bir Bikram (MBB) Airport in Agartala has been upgraded to become the second busiest airport in the North East.

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