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Key Points

Assam's Chief Minister Himanta Biswa Sarma recently met with World Bank Country Director Auguste Tano Kouame to discuss critical infrastructure development strategies. The meeting focused on establishing industrial parks and exploring public-private partnership models to boost the state's economic potential. Sarma highlighted Assam's successful investment summit, which attracted massive investments across key sectors like hydrocarbons and mining. The ongoing efforts aim to transform Assam into a developed industrial state, reminiscent of its historical significance before 1947.

Key Points: Himanta Sarma Meets World Bank Director on Assam Infrastructure

  • Assam attracts Rs 4.5 lakh crore investment through Advantage Assam summit
  • World Bank commits support for state infrastructure development
  • Hydrocarbons and mining sectors show significant investment potential
  • State aims to recreate pre-1947 industrial prominence
2 min read

Assam CM meets World Bank director, discusses infra projects

Assam CM discusses industrial parks, investment strategies with World Bank Country Director Auguste Tano Kouame in key infrastructure development meeting

"We discussed establishing plug and play industrial park infrastructure in the State - Himanta Biswa Sarma"

Guwahati, Feb 27

Assam Chief Minister Himanta Biswa Sarma on Thursday met World Bank Country Director Auguste Tano Kouame and held discussions regarding infrastructure projects in the state here, officials said.

Taking to X, Sarma wrote: "Had a very good meeting with Dr. Auguste Tano Kouamé, World Bank Country Director, India. We discussed etablishing plug and play industrial park infrastructure in the State and Supporting PPP models in various sectors through International Finance Corporation @IFC_org."

He also mentioned that the state government has been prioritising Agriculture and allied sectors and building on the success of Assam.

He said that the World Bank Director took note of this and he has assured support of the World Bank in uplifting the infrastructure of Assam.

Meanwhile, Sarma earlier on Wednesday said that the industrial landscape of Assam is set for a transformational shift with the grand success of the investment summit-Advantage Assam 2.0, which has attracted investments worth at least Rs. 4.5 lakh crore.

"Sectors like hydrocarbons, which is our forte, and mines and minerals have attracted the most investment. We are now focusing on making Assam a developed industrial state like it was in 1947. Assam was the first industrial state of the country," Sarma told reporters here.

The success of the summit highlights Assam's growing potential as an investment hub. With its abundant natural resources, strategic geographic location, and progressive policies, the state has been steadily working towards establishing itself as a key player in India's industrial landscape.

The massive investment influx is expected to boost employment opportunities, infrastructure development, and overall economic growth in the region.

Reflecting on Assam's historical significance, the Chief Minister emphasised the state's past industrial glory.

"I don't want to compare with any other state or West Bengal; things are different. West Bengal was never partitioned after the country's partition, but Assam has been partitioned at least five times after Independence," he said.

Industry experts believe that the renewed focus on hydrocarbons, mining, and minerals could pave the way for Assam to emerge as a powerhouse of industrial progress.

With significant investments pouring in, infrastructure projects are expected to gain momentum, attracting even more investors in the coming years.

- IANS

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