Wednesday, October 18, 2006: NRI delegation is expected to visit Bangalore soon to explore possibilities of investments in state, said Dy M Yediyurappa.

Speaking after inaugurating the programme at JNNCE, he said that during his visit to World Kannada Meet organised by Association of Kannada Kootas in America (AKKA), NRIs and Non Resident Kannadigas expressed their interest to invest in industries and other projects in State.

In view of this, a delegation will visit and hold discussions with government on the issue, he said.

Informing about New Industrial Policy announced recently, he said that all facilities will be provided to entrepreneurs in establishing and developing industries in state.

The policy makes way for good job opportunities. By 2010, more than 10 lakh IT, BT and other jobs in all sectors will be created, he said. Facilities should be provided to attract investors.

For which, government has chalked out various projects and programme to develop all cities in State.

In order to attract investors into Shimoga, Rs 25 crore is reserved to construct good roads and process of airport is speeded up.

Government has also plans to introduce fast train between Shimoga and Bangalore, he said.

Earlier, talking to reporters, he said that a delegation of industrialists will visit Shimoga on October 28. They will study the possibilities of venture in the district, he said.

Source: http://www.newindpress.com/NewsItems.asp?ID=IEK20061018023610&Page=K
&Title=Southern+News+-+Karnataka&Topic=0