Business Daily from THE HINDU group of publications Friday, Mar 09, 2007 ePaper |
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Logistics
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Airlines States - West Bengal Bengal wooing Boeing to set up repair hub Our Bureau
Kolkata March 8 The West Bengal Government is doing its best to attract Boeing to set up an aircraft repair, maintenance and overhaul hub in the state. The US aircraft major has already announced plans to set up its first such unit in Nagpur. And to give the cause a big push, the US India Business Council (USIBC) has organised a meeting here between Mr Ian Thomas, President of Boeing India, and the West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, next week. The Council has also invited the Chief Minister and the State Commerce and Industry Minister, Mr Nirupam Sen, to join the 32nd anniversary celebrations of USIBC in the US, to be attended by the US Secretary of State, Ms Condoleezza Rice. The Boeing chief is also expected to attend.
Investment bid
Making a strong pitch for promoting US investment opportunities in the state, the USIBC President, Mr Ron Somers, said, "I am sure that during the visit some potential investment opportunities will be concretised." Mr Somers, who is a key member of the US business delegation now visiting the state, described West Bengal as the best investment destination. "I cannot imagine a greater business opportunity," he said. The visiting delegation expressed interest in investment opportunities in the proposed deep-sea port in Haldia, transport and logistics sectors among others. Elaborating the uniqueness of West Bengal as an investment destination, he said that apart from chances of more gas find in the Bay of Bengal and a huge potential in agriculture, the state has pioneered a "socially sustainable economic reform". Later, briefing newspersons, Mr Nirupam Sen said the two-day discussions with the USIBC members were `highly fruitful'. He said the state was keen to attract US investments in high-tech manufacturing, chemical and petrochemicals and agri-processing.
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