25,578 MoUs inked at Gujarat investors meet

Gandhinagar, Jan 12 (IANS) The eighth edition of the biennial Vibrant Gujarat Global Investors Summit, which concluded here on Thursday evening, saw the signing of more than 25,500 MoUs, the government said but declined to provide a figure of the quantum of investments.

In his address at at the closing ceremony, Chief Minister Vijay Rupani said the event would help establish Gujarat as the gateway to Indian economy. He extended all participants an invitation for the ninth edition of the summit in January 2019 and said the event was a regular feature now.

He said the summit would once again enhance Gujarat's reputation as an ideal investment destination, for delegates who came from across the world would go back home as brand ambassadors of the state.

"After seeing the reality of the state, they would definitely speak well about Gujarat and India," he added.

Rupani also noted that the Gujarat International Finance Tec-City would generate 10 lakh jobs in coming days.

Defence Minister Manohar Parrikar said the summit was a "great example for other states to create an environment for ease of doing business."

Deputy Chief Minister Nitin Patel gave sector-wise figures of MoUs and informed that of the total, 25,578 MoUs signed during the past three days as many as 52 MoUs were worth Rs 4,000 crore and above. Compared to the previous edition of the event, this time 2500 more MoUs were signed, he added.

The high-profile summit witnessed over 74,000 registered delegates, including 2,734 international delegates from over 100 countries and 33,000 participants. There were 51 meetings of delegates with the Chief Minister and the Deputy Chief Minister. As many as 350 VVIPs attended the event including Presidents of Rwanda and Kenya, Prime Ministers of Portugal and Serbia, Deputy Prime Ministers of Poland and Russia, 14 ministers and diplomats from 20 countries.