This will be the ninth edition of the summit, which is the largest trade and investment conference-cum-exposition on India’s North-East Region (NER).
This is the first time that the event is being held in the interiors of the region, in Dibrugarh in Upper Assam, making it an ideal forum to address grassroots-level developmental issues, an official press release said.
Two Chief Ministers from the neighbouring country of Myanmar - U Thar Aye of Sagaing Region and U Ye Myint, Chief Minister of Mandalay Region - will attend the inaugural session of the summit.
This visit is extremely important, given that Myanmar is India’s true Gateway to the ASEAN markets, and that it has opened up its economy to Asia and the world, the release said.
The Ministry of DoNER is responsible for matters relating to the planning, execution and monitoring of development schemes and projects in the North Eastern Region. Its vision is to accelerate the pace of socio-economic development of the region so that it may enjoy growth parity with the rest of the country.
One of the prime objectives of the Ministry is to showcase the inherent economic, social and cultural strengths of the North East Region as well as to mainstream the region with the country.
The ICC has been assigned by the Ministry of DoNER to organize this summit as the nodal chamber for the North-East.
The Ministry of DoNER, over the years, has strived to showcase the economic potential of the NER to domestic and international investors through meaningful, and strategic initiatives with the help of ICC.
So far, the Ministry of DoNER has organized eight North East Business summit in various part of the country.
The Indian Chamber of Commerce has also organized mega trade and investment shows on the North-East abroad, particularly in South and South-East Asian countries having potential to be natural trade partners of the North-East region because of its strategic location and proximity to these countries.
More than 500 delegates from across the country, and also from neighbouring countries are expected to attend the event, which will be chaired by Union Minister of DoNER Paban Singh Ghatowar.
Union Cabinet Ministers, Chief Ministers of North-Eastern States, policy-makers, industrialists, economists and analysts are also expected to attend the summit.