From Dubai to Abu Dhabi, Stalin continues to woo investments for TN

Chennai, Mar 28 : Tamil Nadu Chief Minister M K Stalin, who is on a four-day visit to ted Arab Emirates, today reached Abu Dhabi to meet top industry leaders and inked pacts attracting large investments into the State, after finishing his engagements in Dubai. At the Mukhathala Towers in Emirates Palace in Abu Dhabi, the Chief Minister met top leaders of leading companies. First he met Mukhathala Infraststructure Company Managing Director Syed Arar and and urged him invest in infrastructure projects in Tamil Nadu. The company had alreadyh made its presence in the State with USD 350 million investment through Princeton Digital. He also invited the firm to visit the State and suggested formation of a working committee between Mukhatala and TNIFMC to explore the possibilities of starting immediate investments in green power, road development projects, industrial parks, besides investments in big ticket projects like constructing hostels for industrial workers and in ICT centres. An official release here said during his meeting Abu Dhabi Trade Forum Head and UAE Trade Forum and Arab Industrial Confederation Chief Abdulla Mohammed Al Mazroeui, he invited them to invest in sectors like food processing, setting up food parks, cold storage facilities, goods and freight and trade solution projects. During the meeting, the Chief Minister told Mazroeui about the vast potential Tamil Nadu offers in exporting food products to UAE and Central East and West African Countries, while highlighting real estate, housing, commercial buildings, nterrupted trade zones, warehousing, good transport park in places like Madurai and Hosur which has good infra facilities and invited them to invest in these sectors. Later, the Chief Minister met Lulu Company Chairman and MD Yusuf Ali at Abu Dhabi House and an MoU was signed in his presence for setting of three projects involving a total investments of Rs 3,500 crore and offering jobs to 5,000 people. This included two construction of commercial complexes involving an investment of Rs 2,500 crore and one export oriented Food processing project at an estimated cost of Rs 1,000 crore. After his successful completion of his four-day visit, the Chief Minister will arrive here early tomorrow morning. GV 1602

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