Northeast Desk, 6th July: In a strategic move to drive economic growth, the Tripura government has established the Investment Promotion Agency of Tripura (IPAT), a high-level committee aimed at enhancing investment and industry across the state.
Chief Minister Manik Saha leads the eight-member committee, with Commerce and Industries Minister Santana Chakma serving as the vice-chairperson. The IPAT is tasked with streamlining processes and facilitating investment projects, particularly addressing challenges such as land acquisition that often delay implementation.
During the Northeastern Industry Summit in Delhi, Minister Santana Chakma underscored the state’s recent achievements, highlighting that Tripura has signed 14 agreements with potential investors. Six entrepreneurs have already invested Rs 29.85 crore in new industrial ventures, with an additional Rs 750 crore expected soon, reflecting growing investor confidence in the state.
Chakma also announced plans to reopen the Kamalasagar border haat in Sepahijala district, which was closed during the Covid-19 pandemic. Joint Border Committee assessments have paved the way for its imminent resumption, promising renewed economic activity and cross-border trade opportunities.
Additionally, collaborative efforts with the central government are underway to operationalize the Maitri Setu, a bridge inaugurated in March 2021 to enhance connectivity and trade between India and Bangladesh.
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