Investment opportunity forum with Assam India was held at the Millenium HIlton Hotel in downtown Seoul on Nov.29 with more than 100 plus would-be Korean investors participating in.
Organized by Indian Chamber of Commerce in Korea(ICCK), the forum was designed to provide members of Korean business community with the latest investment climate and advantage of Assam which is often described as India'a expressway to ASEAN.
On hand at the forum were visiting delegates from Assam, Indian Ambassador to Korea Vikram Doraiswami and ICCK Chairman Vasudev Tumbe
Members of the high powered Indian delegation included Mr. Himanta Biswa Sarma, Hon’ble Minister, Finance etc, Govt of Assam,. Mr. Rihon Daimari, Hon’ble Minister, Public Health Engineering etc., . Dr. K K Dwivedi, IAS, Commissioner, Industries and Commerce, Assam, Mr. Ashutosh Agnihotri, IAS, Commissioner &Secretary to the Government of Assam, Industries &Commerce Department,. Ms. Neera Daulagupu, ACS, Joint Secretary to the Government of Assam, Investment Cell, Industries &Commerce Department, Mr. Prafulla Kumar Saikia, Additional Director, Industries and Commerce, Assam ,. Mr. Kuldip Gayan, OCD IT to Chief Minister .
Minister Himanta Biswa Sarma of Ministry for Education, Health, and Finance of India's Asam State made a keynote speech at the forum followed by opening address by ICCK Chairman Tumbe and welcoming speech by Ambassador Doraiswami, respectively.
Assam is India’s gateway to Northeast India and acts as a vital link for trade with Southeast Asian countries.
Its proximity to the SAARC (South Asian Association for Regional Cooperation) countries of Bangladesh, Nepal, and Bhutan gives rise to investment potential for foreign investors taking advantage of the dynamic possibilities of intra regional trade through SAFTA (South Asian Free Trade Agreement).
The sate is rich in water resource and has vast tracts of fertile land. Assam is also the third-largest producer of petroleum and natural gas in the country with ample reserves of limestone.
Potential areas of investment include power and energy, mineral-based industries, tourism, agriculture, food processing, textile, inland water transport, river front development, IT&ITes, and tourism.
The forum included a business seminar, followed by G2B meeting with the Minister Sarma for Education, Health and Finance, and the delegtes from India.