Japan to invest Rs 13,000 crore in NE

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Shillong, June 12: The Japanese government has decided to invest an amount of 205.784 billion Yen, equivalent to approximately Rs.13,000 crore, in several ongoing as well as new projects in different states of the northeastern region.
This was disclosed after a meeting between DoNER minister Dr Jitendra Singh and a Japanese delegation led by the Ambassador of Japan to India, Kenji Hiramatsu, in New Delhi on Wednesday.
Some of the important projects where Japan will make investment include 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, and Bio-diversity Conservation and Forest Management Project in Sikkim.
The other projects include Sustainable Forest Management Project in Tripura, Technical Cooperation Project for Sustainable Agriculture & Irrigation in Mizoram, Forest Management Project in Nagaland, among others.
Dr Jitendra Singh appreciated the Japanese contribution to the development and transformation of the northeastern region in the last three to four years.
He said, in the times to come, new areas of collaboration will also be sought to be worked out, which could possibly include Bamboo-related collaboration.
“It was the government led by Prime Minister Narendra Modi, which amended the 90-year old ‘Indian Forest Act of 1919’ of the British government to bring in home-grown Bamboo out of its purview,” he said. (Agencies)