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Japan To Invest Rs 13,000 Crore In Northeast Landlocked Region

Japan

NEW DELHI: In a major boost for development activities in Northeast, Japan on Wednesday has decided to invest an amount of 205.784 billion Yen (Rs.13,000 crore) in several ongoing as well as new projects in different States of the landlocked region.

This was disclosed after a meeting between DoNER Minister Dr Jitendra Singh and a Japanese delegation led by the country’s Ambassador in India Kenji Hiramatsu.

Some of the important projects in which Japan will collaborate include the Guwahati Water Supply Project and the Guwahati Sewage Project in Assam, the Northeast Road Network Connectivity Improvement Project spread over Assam and Meghalaya, the Northeast Network Connectivity Improvement Project in Meghalaya, the Bio-diversity Conservation and Forest Management Project in Sikkim, the Sustainable Forest Management Project in Tripura, the Technical Cooperation Project for Sustainable Agriculture and Irrigation in Mizoram, the Forest Management Project in Nagaland.

Dr Singh appreciated the Japanese contribution to the development and transformation of the north-eastern region in the last three to four years.
“In the times to come, new areas of collaboration will also be sought to be worked out, which could possibly include bamboo-related collaboration,” Dr Singh said.

He mentioned that 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 the home-grown Bamboo out of its purview.

 

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