MoUs vetted for commitment, job creation: Rajaa
CHENNAI: At a time when the Opposition is questioning the actual investment commitments secured during Chief Minister MK Stalin’s official visit to the US, Tamil Nadu industries minister TRB Rajaa on Saturday clarified that the state government sealed agreements with only those firms that were sure of investing.
Detailing the investments secured by the state in the last three years, Rajaa said, “It is only the beginning. During the trip, we did not sign agreements with all the firms that came forward to invest in Tamil Nadu. The agreements were signed after verifying at multiple levels as to who would commence the works and if their investments would ensure diversified development of Tamil Nadu.”
“As the Chief Minister said, there is a very bright chance of all the agreements signed during the trip getting realised as projects. We are one hundred per cent sure of that,” minister Rajaa said, reiterating that more than the size of the investment, the Chief Minister was very particular about the certainty of it.
The industries minister added that CM was keen on the extent of diversified job
Didn’t ink pacts with all firms that came our way. Many potential investors are under abeyance for future perusal, owing to our stringent filtration mechanism - TRB Rajaa,
Industries Minister
creation. “That’s why we signed agreements only with those firms that were certain to invest the sum,” the minister said.
Though many more firms were ready to invest in Tamil Nadu, they were kept under abeyance for future perusal after collecting more information confirming the certainty of the investments, Rajaa said. The MoUs signed in San Francisco and Chicago would 100% translate into investments and create job opportunities, Rajaa added, in a ‘X’ post.