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Investment summit laid base for state's multi-sector growth: CM

Investment summit laid base for state's multi-sector growth: CM

Time of India3 days ago
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Guwahati: CM Himanta Biswa Sarma on Monday said the Advantage Assam investment and infrastructure summit, held in Feb, laid the foundation of the state's transformation into a major multi-sector growth engine.
Himanta stated that the state cabinet recently gave its approval to allot govt land for a 500-bed super-speciality hospital and a five-star hotel, which, he said, will generate over 2,700 direct employments besides boosting medical tourism and access to quality healthcare.
The state cabinet last Friday approved the allotment of govt land for 336 infrastructure projects of the state govt, 45 infrastructure projects of corporations and boards, 3,247 non-individual juridical entities, and 28 central govt departments and undertakings.
The CM, in a post on his X handle, wrote, "Taking forward the summit commitments, the Assam Cabinet approved land for Medanta Hospital & Lemon Tree Hotel in Guwahati.
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He announced the construction of a 500-bed super-speciality Medanta Hospital and a 100-bed Women and Child Hospital in the heart of Guwahati. The initiative also includes the development of a five-star Lemon Tree Hotel, marking a strategic push to enhance both medical and leisure tourism in the city.
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The projects are expected to draw a combined investment of over Rs 800 crore and generate more than 2,700 direct jobs.
He said the new facilities will significantly improve access to advanced healthcare services in the region, particularly in specialised treatment and maternal care. Meanwhile, officials believe the convergence of premium healthcare and hospitality will position Guwahati as a regional hub for both domestic and international patients, while also catering to the growing demand for quality urban infrastructure in the state.
The projects come as part of the state govt's larger vision to transform Assam into an investment-friendly destination with modern amenities, employment opportunities, and improved public services. Earlier, CM Sarma said the industrial landscape of Assam is set for a transformational shift, with the grand success of the investment summit — Advantage Assam 2.0 — which attracted investments worth at least Rs 4.5 lakh crore.
The CM, while inaugurating a private hospital set up here pursuant to the agreement signed with the state govt during the Advantage Assam 2.0 summit, said the state govt, aiming to enhance investment across various sectors, signed several MoUs during Advantage Assam 2.0, most of which are now at different stages of implementation. "While some companies have already commenced operations and others have inaugurated their projects, a few have initiated discussions with the govt to take their plans forward," he added.
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