TN CM says UAE visit a success dubs AIADMK-era MoUs as paper boats \
2 min read
\
\

TN CM says UAE visit a success dubs AIADMK-era MoUs as paper boats

29-Mar-2022
Chennai Mar 29 PTI During his United Arab Emirates visit Memoranda of Understanding has been inked with six companies for investments worth Rs 6100 crore in Tamil Nadu Chief Minister M K Stalin said here on Tuesday Describing his first official tour abroad as a great success Stalin said the proposed investments would facilitate job opportunities to 14700 people Speaking to reporters at the airport on his arrival from UAE the Chief Minister said investment proposals remained paper boats during the previous AIADMK regime The agreements that were signed now outline a time frame for commencing operations and for sure we will bring such industries ahead of schedule and create job opportunities and there need not be any doubt about it he said Investors have been given a sense of confidence on government concessions and they have been briefed about the favourable conditions for making investments the Chief Minister said Asked about the oppositions criticisms of his UAE trip Stalin said Their reaction will only be like that I am not concerned about it UAE-based retail major Lulu Group is set to make an investment of Rs 3500 crore in Tamil Nadu to set up shopping malls hypermarkets and a food-logistic park Aster DM Healthcare White House and Transworld are among the other companies that have singed pacts with the Tamil Nadu government On March 24 Stalin flew to Dubai his first visit abroad after assuming office as Chief Minister in May 2021 On conclusion of his 4-day official trip he returned here on Tuesday Main opposition AIADMK had dubbed Stalins trip as a family picnic and the BJP too had hit out at the ruling party PTI VGN HDA HDA
29-Mar-2022 National
\