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Tripura CM welcomes Bangladeshi investment in garment sector

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Press Trust of India Agartala
Tripura Chief Minister Manik Sarkar welcomes the proposal of Bangladeshi investors to set up garment industries in the state, a top diplomat has said.

"Bangladeshi industrialists who have garment factories, requested me to take up the issue of setting up garment industries in Tripura with Chief Minister Manik Sarkar.

"Sarkar has welcomed the move. The CM has said that since there were many industrial growth centres in the state, allotment of land would not be a problem", Indian Deputy High Commissioner to Bangladesh, Sandeep Chakraborty told reporters here yesterday.

Chakraborty said he would discuss the issue with garment industries owners on his return to Dhaka and added there was congenial atmosphere for setting up industries in Tripura.
 

He said the state was going to be a power surplus state within a short time with the second unit of 726 mg watt gas based thermal power project at Palatana starting it's generation.

The diplomat said there were some technical problems in Foreign Direct Investments (FDI) from the Bangladeshi side which could be sorted out following discussions with the Governor of banks in that country.

Earlier this week, Chakraborty said Bangladesh government had announced creation of 'Special Economic Zone' (SEZ) for Indian investors due to good bilateral relations between the two countries.

"Bilateral relations between India and Bangladesh have improved a lot. The neighbouring country has announced to create Special Economic Zone for the Indian investors," he told reporters on Monday after a meeting with the state power and transport minister Manik De.

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First Published: Oct 09 2014 | 1:55 PM IST

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