Chennai: Prime Minister MK Stalin embarks on an eight-day tour to Dubai on Emirates Airline to attend an investor meet in Spain and says that Tamil Nadu is the best state in the country in terms of facilities, infrastructure and human resources for foreign companies. He explained that it is the state of Launch a new business.
Speaking to reporters at the Chennai airport on Saturday night, he said the tour would be eight days, excluding travel days, and would end with his return to Chennai on the morning of February 7.
Asked how much investment the province expected to receive through negotiations in Spain, the prime minister said he would explain the details when he returned, and was currently traveling abroad to meet with Spanish industrialists and business people. He said he was planning to go. The conference will be attended by many people from a variety of industries and fields.
The tour will likely attract the attention of other European countries, which will likely attract large-scale investment, he said, detailing the success of earlier overseas tours aimed at attracting investment. explained and explained. Some companies have already started working on projects in the state.
During his visit to the UAE in 2022, a Memorandum of Understanding (MoU) worth Rs 61,000 crore was signed and these projects will provide jobs to 15,000 people and will be completed by May 2023. Memorandums of understanding worth Rs 61,000 crore were signed during visits to Singapore and Japan in January. The total amount of Rs 1,342 crore will create 17,000 employment opportunities in the state, he said.
He said all the companies that signed the MoU have quickly started setting up bases in the state, with Japanese and Singaporean companies having started construction activities and Dubai-based Lulu Group International also opening in Coimbatore. It is said that construction has started.
In Spain, Invest Spain also considers Tamil Nadu to be the best state to invest in industrial, business and trading companies as it deals directly with the investment company Invest Spain and top industrial giants such as: I’ll tell it home. ROCA and Gestamp, he said.
Top DMK leaders, including ministers, MPs and MLAs, along with government officials, thronged the airport to bid a warm farewell to the Chief Minister, who was departing with 15 members.
State industries minister TRB Raja, senior bureaucrat Umanas, chief minister’s private secretary Dinesh, his wife Durga Stalin and two personal security officers were part of the contingent traveling with the chief minister from Chennai.