Bengal investor meet gets proposals worth Rs. 2.84 lakh cr.

Investment proposals worth over Rs. 2.84 lakh crore were made at the two-day Bengal Global Business Summit (BGBS) that ended recently. This is nearly 30 per cent higher than the Rs. 2.19 lakh crore received through its business summit last year.

According to Chief Minister Mamata Banerjee, the investments are expected to create 8-10 lakh jobs in the State.

“Till now, we have received Rs. 2,84,288-crore worth investment proposals. This is the achievement of this BGBS. Investment means business, which in turn means creation of new jobs. With this kind of investment, we expect 8-10 lakh new jobs to be created in Bengal,” said Banerjee, while addressing at a session of the fifth edition of the BGBS recently.

According to Banerjee, nearly 40 per cent of the total investment proposals around Rs. 10 lakh crore received in the last four editions of BGBS are under various stages of implementation. Around 5,000 delegates from 35 countries participated in the two-day business summit. Nearly 63 business-to-government, 45 business-to-consumer, and around 1,200 business-to-business meetings were held; around 86 memorandums of understanding were signed during the summit this year.

“West Bengal is the safest place to invest in. The outcome of this business summit proves the credibility and accountability of participants and the State government,” she said.

Banerjee added that the State government will ensure that Bengal is the “investment destination for future. “With our initiatives, we will prove that Bengal is the destination of investments,” she said.

HBL