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Today Date : Friday, May 24, 2024

CM's tour for Singapore, Japan to attract investors

CM's tour for Singapore, Japan to attract investors

Tamil Nadu Chief Minister MK Stalin on Tuesday said that new business agreements would be signed during the Singapore trip.
The state government has been giving immense importance to industrial development and has decided to conduct a global investors meet in January, 2024 in the city. 
To woo both the investors and investments to the state, Chief Minister Stalin has taken a nine-day-long trip to Singapore and Japan. 
He left for Singapore from the Chennai international airport at 11:25 am on Tuesday. 
After spending two days in Singapore, he would leave for Japan on May 25 where he would spend seven days before returning to the city on May 31.
A statement released by the DIPR said, “The state government has been working towards achieving one trillion dollar economy by 2030-31. 
To achieve the goal, the state should attract Rs 23 lakh crore investments and create employment opportunities for 46 lakh people. 
Chief Minister Stalin would be travelling to Singapore and Japan to invite investments to the state and to invite investors to participate in the global investors meet that has been scheduled to take place in Chennai in January 2024.”
Industries minister TRB Raaja and senior officials accompanied the Chief Minister.
On Tuesday, Stalin would be meeting S Iswaran, Singapore Minister for Transport and Minister-in-charge of Trade Relations, K Shanmugam SC, Minister for Home Affairs and Law, and CEOs of key industrial houses in Singapore - Temasek, Sembcorp, and CapitaLand Investment.  
Later that evening, Guidance Tamil Nadu, State Industries Promotion Corporation of Tamil Nadu (SIPCOT), FameTN, Tamil Nadu Startup and Innovation Mission (TANSIM), and Tamil Nadu Skill Development Corporation would take part in an investors conference taking place in Singapore and sign MoUs with Singapore University of Technology and Design, Singapore India Partnership Office, and Singapore Indian Chamber of Commerce and Industries. 
After this, Stalin would participate in a cultural event organized by Singapore Tamils. 
On May 25, Stalin would be travelling to Japan where he would meet industrial leaders from the next day and invite them to the global investors meet. 
He would also attend a conference that was aimed at encouraging Japanese industries to make investments in the state. 
He would sign several MoUs with investors during his stay.
He would visit Osaka and hold talks with CEOs of various firms. 
Stalin would also take part in an investors conference that would be organized in association with the Japan External Trade Organisation.  He would also attend a reception hosted by the Indian community. 
During his visit to Tokyo, Stalin would meet Yasutoshi Nishimura, Minister of Economy, Trade and Industry of Japan, and Ishiguro Norihiko, Chairman of JETRO. 
He would sign MoUs with two renowned industrial houses including Omron in Japan. Stalin would also visit the industrial centre there. 
Stalin’s visit would strengthen the relationship between the countries.
Earlier on Tuesday, Stalin paid a tribute at the memorials of former Chief Ministers Annadurai and Karunanidhi located at Marina beach in the city. Ministers, MPs, city mayor and senior officials wished him for the success of the visits.
Speaking to reporters, Stalin said, “I am travelling to Singapore and Japan to invite investors to participate in the global investors meet that is scheduled to take place in January 2024. I am staying there for nine days to meet investors and sign MoUs with them. 
The visit will be successful and investors will invest in the state. We have created about 15,000 employment opportunities in six companies through Rs 6,100 crore investment that was obtained as a result of my Dubai visit. 
We have ensured Rs 2.95 lakh crore investments and created 4.12 lakh employment opportunities in the last two years.”