Wednesday 20 June 2012

CM invites Japanese industrial houses to invest in state

On the second day of his visit to Japan in a bid to attract investment from that country, chief minister Shivraj Singh Chouhan addressed an investment promotion seminar in Tokyo where he said that Madhya Pradesh government may consider earmarking a dedicated Japanese zone in the state where international-level infrastructure will be developed to facilitate investors from that country.

Minister for commerce and industries Kailash Vijayvargiya was present during the meetings with Japanese industrial houses.

During high-level talks with Japan External Trade Organisation ( JETRO) chairman Hiroyuki Ishige, the chief minister discussed a proposal to constitute a joint task force for close business ties between Madhya Pradesh government and Japan. This task force will explore possibilities of a dedicated industrial corridor of Japanese companies in the state.

About 65 Japanese companies participated in the seminar held jointly by Confederation of Indian Industries (CII). The delegation accompanying the chief minister had a series of high-level meetings and business discussions with officials and senior executives of Mitsubishi Corporation, Murata Machinery Limited, Marubani Corporation, Fujikin Corporation and Mitsui. The companies were invited to participate in "Madhya Pradesh Global Investors Summit" to be held at Indore in October 2012.

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