Bihar has huge investment potential: Minister

Bihar has huge investment potential: Minister

May 18, 2016
Abdul Bari Siddiqui
Abdul Bari Siddiqui

Shams Ahsan


Jeddah — Bihar, which has emerged as the fastest growing state in terms of gross state domestic product, is ensuring security and all facilities to investors, a visiting minister from India's eastern state told Saudi Gazette here on Tuesday.

"Bihar has changed," said Abdul Bari Siddiqui, finance minister of the state ruled by the alliance government of his party Rashtriya Janata Dal (RJD) and Janata Dal United of which Nitish Kumar is the chief minister.

Bihar has huge investment potential in the education, agri based industries, health, construction, electricity, industrial sectors, said Siddiqui, who was here to perform Umrah.

"I assure that we will clear all bureaucratic bottlenecks for investors. We are revising the 2011 industrial incentive policy. Our focus in this policy is to make sure that investors get all kind of protection. There is an industrial incentive board for this purpose," he said.

Siddiqui also highlighted these points during an event organized by the Saudi Indian Business Network at the consulate.

The finance minister, who is a close ally of RJD chief Lalu Prasad Yadav, is leaving for Madinah before proceeding to Riyadh where a number of public meetings have been planned.

He will be going to Dubai from Saudi Arabia.

Read the full text of the interview tomorrow


May 18, 2016
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