Chief Minister Shivraj Singh Chouhan has said that apart from other countries, interest of Japanese and South Korean investors has also increased for investment in India due to the Make in India campaign of Prime Minister Narendra Modi. Investors are enthusiastic.
On return from his successful visit to Japan and South Korea at state hangar here on Thursday, Chouhan said that a special business desk will be set up soon to assist and guide the investors. Business seminars for investors from both the countries will also be held shortly in Madhya Pradesh.
Dwelling in detail on visits to both the countries, the Chief Minister said that Japan International Cooperation Agency has agreed to extend Rs12,000 crore at 0.3 per cent interest rate for Indore-Bhopal metro project. Consensus was also reached on assistance of Rs 2200 crore for Madhya Pradesh Power Transmission Company and Rs2000 crore for rural drinking water schemes.
Chouhan informed that Japan International Cooperation Bank will promote establishment of proposed Japan Industrial Township at Pithampur (Dhar) and motivate Japanese companies to invest in Madhya Pradesh. He informed that Japan External Trade Organisation (JETRO) will extend long-term support to Japanese companies for investment in Madhya Pradesh.
Alternative Energy, Industrial Technology Development Organisation of Japan will collaborate with Madhya Pradesh in alternative energy and development sectors. Similarly, Soft Bank limited has evinced interest in investing Rs10,000 crore in construction of solar power panels and generation of solar power. Mizohu Bank has assured to promote Japan Industrial Township in Madhya Pradesh and open its branch in the State.
The Chief Minister informed that Furukawa Electric Company will undertake survey of investment feasibility in Madhya Pradesh in November. Deputy Prime Minister of Japan has suggested paying attention to small and micro industries. NIDEC's team will visit Pithampur to explore possibilities of setting up its unit. Similarly, Mayekowa Construction Company limited will consider a demonstrative project for fruits and vegetables in collaboration with Mandi Board. The company constructs cold storages.
Chouhan informed that lixil Corporation has assured to send a team to Madhya Pradesh to cooperate in implementation of Swachh Bharat Abhiyan. Panasonic Corporation is considering cooperation in construction of solar panels.
JETRO will also cooperate with companies investing in Madhya Pradesh. Tour operators have evinced interest in Simhastha-2016. Chouhan said that for the first time an MoU was signed between Japan and Madhya Pradesh through which consensus was reached on including Japan Industrial Township in Indo-Japan commerce treaty.
This is a historic MoU to promote business of any country. Nippon Express will send a study team to Madhya Pradesh to explore possibilities of logistics centre.
The Chief Minister also informed about his visits to Hiroshima Memorial and temples of Kyoto.