Rajasthan looks to Japan for investment

Japan's cooperation and technical skills can play an important role in putting Rajasthan on the industrial map of the world, according to Chief Minister Vasundhara Raje.

Raje was addressing a 60-member trade delegation of the Japanese External Trade Organisation at her office here on Wednesday.

She said the Rajasthan Industrial Investment Corporation had reserved 1,000 acres for Japanese investment and land been allotted to seven Japanese companies.

She said that Rajasthan had become an attractive investment destination for industrial houses today due to the intensive and untiring efforts made in the past four years.

Raje said the economy of Rajasthan had been strengthened and the state was revenue-surplus for the first time in the past 15 years.

She said as a result of a trebling of the annual plan, infrastructure facilities had been developed and technical skills upgraded.

She expressed the hope that the state would become power-surplus state by the end of next year.

Raje said the Nimrana and Bhiwadi regions were being developed as prominent industrial centres.

She said that the construction of a car unit was expected to be completed in time.

Praising Japan's trade and technical culture, Raje expressed the hope that with Japanese cooperation, resources and talent, this important part of the country could be made most modern and developed.

She said that the foundation of the long-term development of the state had been laid, which had been confirmed by a World Bank Report. In this report Jaipur had been ranked third among 12 important cities of the world from the point of business work convenience.

The chief minister said there was a need to develop an international level golf course in the Bhiwadi-Nimarana region.