Advantage Assam 2.0: MoU-signing ceremony held in Sonitpur district

In a significant step towards industrialization and economic development in Sonitpur district, a MoU signing ceremony was held at the conference hall of the District Commissioner’s Office.
Government of Assam
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OUR CORRESPONDENT

Tezpur: In a significant step towards industrialization and economic development in Sonitpur district, a Memorandum of Understanding (MoU) signing ceremony was held at the conference hall of the District Commissioner’s Office. The event, organized by the District Commissioner of Sonitpur, witnessed MoU signings between investors and the Government of Assam, represented by the General Manager of the District Industries & Commerce Centre (DICC). The District Commissioner signed as a witness to the agreements. Over the two-day event, a total of 73 investment MoUs were signed, marking a major milestone for the district’s economic growth. These investments are expected to generate direct and indirect employment opportunities for around 1,000 unemployed youth in the region.

To facilitate these investments, a Land Bank has been established to allocate land to investors across different locations in the district. Key areas designated for industrial purposes include Digholi Chapori Sotia – 300 bighas, Dolabari Industrial Area – 48 bighas, Gootlong Industrial Area – 7 bighas, and Dhekiajuli Industrial Area – 30 bighas. The government is also undertaking infrastructure improvements to enhance connectivity in these industrial zones.

During the programme, the District Commissioner informed that although several industrial areas in the district have already been allocated to investors, some businesses have yet to initiate operations, leaving the land unutilized for years. This issue has been reported to the higher authorities for necessary action.

The MoU-signing event reaffirmed the district administration’s commitment to fostering a business-friendly environment and promoting industrialization in the region.

The Advantage Assam initiative aims to unlock investment opportunities and drive economic growth in the state. Today’s MoU signings mark a significant step toward realizing this vision.

Also Read: Advantage Assam 2.0 Summit: Govt Signs Agreements with Investors in Sivasagar

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