The Hindu Business Line : Tripura CM hopeful of better connectivity

Wooing investors: The Tripura Chief Minister, Mr Manik Sarkar (left), at an interactive session of Invesment opportunities in Tripura, organised by Merchants Chamber of Commerce along with Mr Biman Bose, Secretary, CPI(M) - West Bengal, and Mr Atul Churiwal (centre), President of MCC, in Kolkata on Friday.

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Kolkata, April 4 Infrastructure is a major stumbling block in the way of Tripura’s development, said Mr Manik Sarkar, Chief Minister, here today. He was speaking at a discussion on investment opportunities in Tripura held at the Merchants Chamber of Commerce.

“Location-wise, Tripura is in a disadvantageous position and there are a lot of connectivity issues,” Mr Sarkar said. He, however, said that the situation was changing.

“In the next five-to-six years, once a good link is established, all our disadvantages will turn into advantages for us,” he said.

Mr Sarkar said that he would want Tripura to be developed as an educational hub and also provide health services not only to the people of the State but also to the entire north-eastern region.

Mr Atul Churiwal, President, Merchants Chamber, said the State could well be considered the next investment hub, particularly in the fields of agro and gas based products.

In view of this, the chamber planned to take a delegation to Tripura in the next two months to study the investment opportunities there, he said.

Natural gas

Tripura has considerable reserves of high quality natural gas in non-associate form, which is fit for use as fuel feedstock. The success rate of gas exploration is high and it offers a good opportunity to prospective investors to set up gas-based industrial units such as urea, methanol, PVC and other projects, Mr Churiwal said.

He, however, refused to quantify the investments.

The agro-climatic conditions in Tripura are suited for the production of a large variety of horticulture crops such as pineapples, oranges, litchis and cashew nuts.

It is also an attractive tourist destination and has a rich cultural heritage and has enough incentives for pulling up hotels and development of tourist circuits, Mr Churiwal added.

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