Monday, October 27, 2008

Manipur invites private companies

New Delhi, Oct 27 : Militancy-infested Manipur has invited the private sector to invest in the state and help improve its the economic condition, assuring that adequate security cover will be provided to the investors.

Manipur Chief Minister O Ibobi Singh said his government will ensure security of the investors as adequate private investment will help the economy of the state and enable it to come out of the cycle of violence.

Making a fervent appeal to the private sector, Singh said there is a huge opportunity awaiting for the investors in various sectors in Manipur as government will offer “unstinted efforts” to boost investment.

“Manipur needs huge investment from the private sector. The investors need to change perception about the state.

We will do everything possible to ensure security to them,” Singh told PTI here. Singh said the security situation was improving in the state and the government will even consider extending incentives to the investors beyond the facilities provided under the North East Industrial and Investment Promotion Policy (NEIIPP) 2007.

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