Bengaluru: Centre on Wednesday extended full support to Karnataka Government that has organised a global investors meet, Invest Karnataka 2016 to attract investments in various sectors.
Speaking after inaugurating the summit, Union Finance Minister Arun Jaitley said Centre and State will work together in attracting investment and ensuring overall development of the state. In terms of attracting investment, Karnataka has natural advantage with its best human resources and natural instinct to learn and innovate, he said.
Union Minister for Road Transport, Highways and Shipping Nitin Gadkari said Centre is fully committed to extend all possible cooperation to the state government in developing infrastructure which is crucial in attracting investment.
“By the end of next year, my department alone will invest Rs 1 lakh crore in various infrastructure projects including development of roads and ports,” the minister announced. “Of them, works to the tune of Rs 60,000 crore will be taken up by end of this year and rest of the projects during next year,” he added. He appealed to the investors to invest in Karnataka.
Union Urban Development Minister M Venkaiah Naidu and Union Minister for Chemicals and Fertilisers Ananth Kumar too listed out various projects being taken up by their respective departments and termed Karnataka as one of the best states to invest in.
(PTI)
