Mon, Jan 23, 2017 | updated 01:52 AM IST

Assam Govt. to set up separate department for Act East policy

Updated: Dec 29, 2016 20:27 IST

Guwahati (Assam)[India], Dec. 29 (ANI): The BJP-led Assam Government will set up a department to implement Centre's Act East policy.

Assam Commerce and Industry minister Chandra Mohan Patowary said that over 25 big industries will invest nearly Rs. five thousand crores in Assam. He said that 44,000 people will get direct or indirect employment.

The minister said that state government will sign a Memorandum of Understanding (MoU) with the shipping ministry to dredge the Brahamaputra.

He said that a pharma hub will be set up at Darrang and three places have been identified to start Jute hub in the state.

The minister said that the new North East Industrial and Investment Promotion policy is likely to be announced by April, next year. He said that the Assam government is also set up a land bank of about five acres. (ANI)