Tamilnadu is open for potential and significant foreign investments!

In his first leg of maiden foreign tour to attract overseas investments towards Tamilnadu, the state Chief minister Edappadi Palaniswami had landed in London with the accompany of the state health minister where he had med with London medical experts for signing agreements of acquiring investments in Tamilnadu healthcare sector.

After concluding his meet with the experts, he later met with Indo British parliamentary members in Portcullis House in British Parliament on Thursday where he expressed his interest to cooperate with British companies and hailed that the state of Tamilnadu is the best investment destination in India.

The meet with Indo British members had the presence of Indo British All party parliamentary group chairman Virendra Sharma, Members of Parliament Seema Malhotra, Conservative party spokesperson Baroness Sandip Verma, the chancellor of University of Birmingham Lord Karam Billmoria and academicians from Kings college London, University of Greenwich, CII UK-India business forum chair Jim Bligh and Ramphal Institute chair Patsy Robertson.

Speaking in the parliament house, Edappadi Palaniswami had said that the state of Tamilnadu and the government wish to establish partnership with the United Kingdom to flag new vertical for funding water, urban infrastructure, affordable housing and green energy and further proclaimed that the state of Tamilnadu have vast and huge industrial platform in India as it hosts 18% of the country's higher learning and quality of living.

While speaking about the opportunities, he quoted the ranking published by Frost and Sullivan in 2019 which had listed the state of Tamilnadu in second spot in the list of overall Indian states under the grounds of performance and ranked first in investment potential than rest of the country. He further stated that Tamilnadu has been ranked as the second best governed state in India according to Public Affairs Index 2018.

He pictured the second edition of Global investors meet which was hosted in Chennai in last January and had yielded more investors particularly from Japan, South Korea, France , Taiwan, Germany, United States and Finland in which about 300 MoUs have been signed that has amounted for the inflow of $43 billion dollars.

He flagged the developments of the state where he said that the state government had initiated many steps to put Tamilnadu to next level where he underlined the commitment that has been taken by the World Bank and Asian Development Bank to release funds for affordable housing for lower income and backward groups.

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Earlier, he had displayed the significant introductions of welfare schemes in health sector where he proclaimed that the state of Tamilnadu had become a front runner among the rest of Indian states by flagging various health mechanisms and further said that the investments from the United Kingdom will enhance and deliver healthcare sectors of better standards.

Earlier as his first agenda of British tour, he had signed MoUs with International Skill Development Corporation to elevate the standards of the healthcare professionals. One of the main and significant agreements had finalized with the King's college hospital in London to establish its branches in Chennai and across Tamilnadu.

The Chief minister along with the health minister had studied and analyzed the operations of London ambulance services to add on medical aiding grid to "108" emergency ambulance services that transports more than three thousands cases everyday.

 

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