A Tamil Nadu delegation visiting Singapore, Japan and South Korea, led by the chief secretary in the industries department of Tamil Nadu, secured $4 billion of a $ 16 billion foreign investment target set by the Tamil Nadu State.
A Global Investor’s Meet (GIM), with the aim of raising $16 billion foreign investment into Tamil Nadu is scheduled to take place in Chennai later this year, reports the economictimes.com.
The Tamil delegation as held a series of meetings with public and private sector officials in the there countries, whilst promoting the GIM – which will be held from May 23-24 this year.
The chief secretary, SV Sankar, said,
“We have already tied up about $4 billion worth of investments of the $16 billion target from business visits to Japan, South Korea and Singapore.”
On Thursday, 120 Singaporean businessmen attended a seminar on business opportunities in Tamil Nadu.
“The response from the first three countries visited has been uniformly good. We have had discussions with government officials in Japan, South Korea and Singapore,” said Mr Sankar.
The delegation is now in Malaysia for its final country visit.
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