January 7, 2015
Bengal Global Business Summit Day 1: Investments flow in
The Bengal Global Business Summit started with great success on the first day.
Representatives from 20 countries visited the summit and took interest in the state and praised efforts by the new government.
The participating countries include United States, United Kingdom, Japan, China, South Korea, Taiwan, Malaysia, Singapore, Luxembourg and Australia.
The new investments for the day are:
- MoUs worth Rs 41,600 crore were signed by the Union Shipping Ministry. This includes a deep sea port named Bhor Sagar (New Dawn) at Sagar Islands, with investment of Rs 12,000 crore (2 billion USD). Rs 1200 crore will be invested in the development of a second port in Haldia. Haldia-Varanasi waterway development with investment worth Rs 4,500 crore
- MoUs on Deocha Pachami Coal Mines was signed which will bring investment worth Rs 12000 crore
- Global CEO of Mitsubishi Chemicals committed fresh investments in Haldia plant
- GoAir, with an investment of Rs 1000 crore, intends to start operation from the Nazrul Islam Airport at Andal
- Fresh investment by ITC worth Rs 3000 crore
- SAIL have announced projects worth Rs 40000 crore
- Massive hydrocarbon gas project is coming up, with investment worth Rs 5000 crore from Hiranandani group
- Kolkata Eye MoU has been signed with Port Trust worth Rs 300 crore
- TCS will create 20,000 new jobs in Kolkata
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