Bengaluru, Nov 25: Chief Minister Siddaramaiah has dropped his plans to tour the US and France for wooing investors to the State, in view of upcoming elections to the Legislative Council.
The chief minister was scheduled to leave Bengaluru on November 29 and return on December 10.
“The chief minister wanted to tour the two countries. Since, he will be busy with the election process, finalising candidates and filing of nominations, he has decided to cancel the trip,” Industries Minister R V Deshpande told reporters after attending a meeting of the high-level committee set up to organise the investors’ meet.
The minister added that he will lead the team of officials during the roadshows scheduled to be held in San Francisco, Chicago and New York in the US and Paris in France.
“The State government has conducted roadshows in major cities across the country and abroad. Countries such as Japan and Germany have been requested to join hands with the State as partner countries in the investors' meet,” he stated.
He said that the committee had decided to organise the event at Palace Grounds. The inauguration of the event is scheduled on February 3 at 10 am and the valedictory will be held on February 4 evening. On February 5, arrangements will be made for the investors to visit the site and get better insight into the investment climate in the State,” he stated.
‘Upload projects’
He said some of the government departments including Infrastructure Development and Energy, have been directed to upload projects which can be taken up on public private partnership by the end of December. The government has set up a land bank with about 40,000 acres of industrial land.
Earlier, speaking at the committee meeting, Chief Minister Siddaramaiah said that the aim of the investors’ meet should be to attract investments. It should not end up becoming a show to sign Memorandum of Understanding (MoU) as it had happened in the past.
Steps should be taken to ensure that the investors get all the facilities to start their project soon after signing the MoU.
He also directed that all government lands available at the district-level should be transferred to the Karnataka Industrial Areas Development Board (KIADB) by December 15.
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