US explores investment options in North-East

Shillong: The United States government is keen to facilitate investments by US companies in different sectors in the North East considered as a huge emerging market in the east.

Kolkata-based US Consul General Beth A Payne who was leading a high-profile delegation of American Chamber of Commerce (AMACHAM) in India to explore investments
opportunities for American companies in the North East India, on Wednesday said in view of improved security scenario in the region especially in Assam and presence of huge pool of English-speaking young talents in the resourceful region is considered a potential area of investment.

"The US government is closely watching the improved security situation in Assam. We had never advise US citizens against traveling to Assam even when there was trouble rather asked them to consult our security officers in Kolkata before embarking on journey to the state," she said.

The US official said the US government was keeling watching the move and demands from various quarters for re-opening of historic Stilwell Road.

The age-old road which is now not in use, was constructed by the Americans during the Second World War from Ledo in Upper Assam to connect Brahmaputra Valley to Kunming in China. It passes through Lekhapani, Jairampur, Nampong and Pangsau pass, India-Burma (Myanmar) border. It winds up the passes of 9000 feet Patkai Range and emerges at Shindbwiyang and then Myitkyina. It crosses the broad bowl of the Upper Chindwin, threads the Hukawng and Mogaung valleys, and goes down to Bhamo and to the Burma road which connects Kunming in Yunnan province of China.

There have been demands for re-opening of this road to re-establish the old trade links with China. But there has been apprehension on part of governments to re-open it as it passes through ungoverned and militants infested Kachin province of Myanmar. It gained momentum especially in the light of the Centre’s Look East Policy to establish trade links with South East Asian economies through the North East India.

The Shillong Times
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