The North East Business Summit concluded recently from 21st till 22nd November 2017 in Imphal is unique for Manipur given the scope and enormity of investments announced during the summit. At least Thirty Nine (39) MoUs were signed with various companies and States of South East Asian and European countries. The Manipur government referring to the MoUs, announced business investment worth Rs 5,000 crore from the two-day summit, including an oil pipeline from Numaligarh to Imphal via Nagaland, setting up private universities, establishment of private hospitals, to commence chromium and limestone mining in Manipur etc. The details of the MOUs are still concealed from the people of Manipur. Earlier, the Government of India and Government of Manipur signed MoUs for road building with loan from the Asian Development Bank and the Japan International Cooperation Agency.
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