• search

Germany to invest in Tripura

Written by: Staff

Agartla, Sep 03 (UNI) Close on the heels of Japan, Germany will invest in the tiny North-Eastern state of Tripura in the forest-based projects.

Germany has prepared a project report of Rs 120 crore Euro to invest in the state as a part of Indo-German bilateral trade.

A delegation of German has surveyed in Dhalai, North and South districts specially in the forest areas.

The delegation met with state Forest and Rural Development Minister Jitendra Chowdhury here yesterday and discussed about their plans to create employment through forest resources.

German investment organisation KFW is surveying since last one year in the state and their main aim is to set up eco-tourism projects, afforestation and improve financial condition of the poor people living in the forest areas.

A delegtion-led by Peter J Breny had recently visited the state and undertook the survey.

On August 30, Japan Bank of International Cooperation (JBIC) has submitted its final project report for Rs 300 crore funding to the state government after completion of its survey on various aspects of forests.

UNI PB/PD JYN/src1410

For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more