Japan to invest Rs 13000 crore in NE projects

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According to an official statement on Friday, Japan has decided to invest Rs. 13,000 crore (205.784 billion Yen) in several projects, ongoing and new, in the Northeast.

“After a meeting between Union Minister for Development of North Eastern Region (DoNER) Jitendra Singh and a Japanese delegation led by Ambassador Kenji Hiramatsu in New Delhi on Wednesday, it was officially disclosed that the Japan Government is to invest Rs. 13,000 crore in several ongoing and new projects in different Northeastern states of India,” said the statement.

The statement further stated that some of the other important projects in which Japan is likely to extend cooperation are the Guwahati Water Supply Project and Guwahati Sewage Project in Assam, Northeast Road Network Connectivity Improvement Project spread over Assam and Meghalaya, Northeast Network Connectivity Improvement Project in Meghalaya, Bio-diversity Conservation and Forest Management Project in Sikkim, Sustainable Forest Management Project in Tripura, Technical Cooperation Project for Sustainable Agriculture and Irrigation in Mizoram and Forest Management Project in Nagaland.

According to sources, Japan is also keen to extend cooperation both financially and technically for the development of infrastructure, bamboo development, agriculture, disaster management and human resource development in Tripura and Mizoram.

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