Assam showcases investment potential in Dubai ahead of Advantage Assam 2.0
As part of its global outreach initiative, a high-level delegation from Assam, led by Industry Minister Bimal Borah, conducted a strategic roadshow in Dubai to attract international investors ahead of the Advantage Assam 2.0 Summit, scheduled for February 25-26 in Guwahati. The post Assam showcases investment potential in Dubai ahead of Advantage Assam 2.0 appeared first on Hub News.
Guwahati, Jan 15: As part of its global outreach initiative, a high-level delegation from Assam, led by Industry Minister Bimal Borah, conducted a strategic roadshow in Dubai to attract international investors ahead of the Advantage Assam 2.0 Summit, scheduled for February 25-26 in Guwahati.
During the event, Borah engaged with business leaders, investors, and entrepreneurs, showcasing Assam’s growing infrastructure and investment opportunities. Key projects, such as the Jogighopa Multimodal Logistics Park, were presented as transformative initiatives positioning Assam as a pivotal logistics and trade hub for India’s Northeast.
The minister emphasized the state’s strategic location for trade links with neighboring countries and Southeast Asia, improved inland waterways for efficient goods transportation, and its rich cultural heritage and natural beauty as catalysts for tourism development.
“Assam stands at the cusp of unprecedented growth, offering unique opportunities across sectors, from traditional industries to cutting-edge technology,” said Borah, highlighting the state’s unique advantages. These include seven national parks, three UNESCO World Heritage Sites, a 50% contribution to India’s onshore natural gas production, and a 97% share in India’s agarwood production for premium fragrances.
Special Secretary Syedain Abbasi outlined Assam’s ambitious vision to double its GDP from $69 billion to $138 billion by 2030, supported by a decade-long growth rate of 12.6%. Ongoing infrastructure projects, valued at $12 billion, include four major bridges across the Brahmaputra River and a $3 billion Tata Electronics semiconductor assembly unit at Jogighopa.
Abbasi also highlighted India’s first international multimodal logistics park in Assam as a cornerstone for downstream industries and trade expansion.
Indian Consul General to Dubai, Satish Kumar Sivan, noted the importance of Assam’s outreach, as India-UAE trade is set to reach record highs. He pointed out that UAE investments in India have surpassed $18 billion, buoyed by an updated Bilateral Investment Treaty.
The delegation visited UAE business hubs such as DP World, Bharat Mart, Transworld, and Meydan Free Zone to explore partnerships. Renewable energy initiatives, including a 1,000 MW solar park supported by the Asian Development Bank, and plans to expand Assam’s healthcare network with 20 new medical colleges, were also showcased.
The Dubai roadshow represents a pivotal step in Assam’s international investment strategy, setting the stage for Advantage Assam 2.0 to accelerate the state’s economic transformation and global engagement.
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The post Assam showcases investment potential in Dubai ahead of Advantage Assam 2.0 appeared first on Hub News.
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