Sunday, August 10, 2008

Russia keen to invest in Northeast

Itanagar, Aug 9 : Russia today evinced interest in investing in hydropower, tourism, food processing, agriculture, horticulture and road and infrastructure building in Arunachal Pradesh.

Sources in the chief minister’s office said a five-member delegation, led by Russian ambassador Vyacheslav I. Trubnikov, met chief minister Dorjee Khandu in his office today and expressed the country’s keenness to invest in the state. They had arrived here last evening on a three-day tour.Russian companies have plans to embark on mutual investment in sectors like hydropower, tourism, roads and infrastructure building, one of the sources said, quoting Trubnikov.

The Russian ambassador expressed Russia’s eagerness to “carry forward” the decades-old strategic partnership with India through business tie-ups with the frontier state.

He said his country would provide technical knowhow, equipment and machinery to Arunachal Pradesh as soon as the state government gives its approval.

“We are quite familiar with the region as our engineers have been coming here for the last 50 years to explore oil in the areas of Assam bordering Arunachal Pradesh. Our scientists, who have wide knowledge about the landscape, climate and soil structure of Arunachal Pradesh, are in a good position to provide technical expertise to the state,” Trubnikov added.

Chief minister Dorjee Khandu assured the Russian delegation of all possible help once Delhi cleared the venture. He said his government was ready to enter into business tie-ups with Russia.

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