Tamil Nadu CM leaves for 9-day foreign trip to attract investments

Tamil Nadu Chief Minister M K Stalin on Tuesday embarked on a nine-day tour of Singapore and Japan, stating that his visit was aimed at attracting more investments to the state.

Stalin said his similar visit to Dubai last year had resulted in signing of pacts with six investors to the tune of Rs 6,100 crore that would ensure 15,100 job opportunities.

Two of them have started the works, he told reporters at the airport in a pre-departure media interaction.

"The key motive of this visit (to Singapore and Japan) is to extend invitation (to investors) for the 2024 Global Investors Meet," the Chief Minister said.

He will meet prospective investors by way of conferences during his official visit and some deals are also slated to be signed, he added.

Stalin added that ever since the DMK came to power in mid-2021, Rs 2,95,399 crore worth investments have been "confirmed" after 226 memoranda of understanding were signed. When fully implemented, these would usher in jobs to over 4.12 lakh .