+
Act East Forum gets push with upcoming summit
ECONOMY & POLICY

Act East Forum gets push with upcoming summit

Reportedly, as a boost to India’s ‘Act East Policy’ and Japan’s ‘Free and Open Indo Pacific Strategy’, the first annual Indo-Japan summit will be held from December 15 to December 16. The gathering of the two nations is expected to set the ball rolling on their Act East forum given that Japan is planning investments of around Rs 130 billion in the eight North Eastern states of India.

It is reported that Japan is currently weighing investments towards numerous projects in the region, including – a water supply project in Guwahati, a road network in Assam-Meghalaya and forest management and agriculture projects in other states of the region. It is estimated that new plans and blueprints will be announced at the upcoming summit for more projects in the area – given its close proximity to Southeast Asia.

Recently, on November 30, the two countries participated in a dialogue where the respective defence and foreign ministers underlined various points of discussion – top of which is reported to be Japan’s involvement in the North East region of India.

Reportedly, Japan’s involvement in providing aid for developing North East began in 2011 with the overseas development assistance (ODA) but actually picked up post 2014.

Additionally, as reported, the Japan International Cooperation Agency (JICA) signed a memorandum with the Indian Government in 2017 with the aim of providing $610 million for the first phase of the North East Road Network Connectivity Improvement Project for projects in Meghalaya and Mizoram. The Act East Forum was established subsequently with the purpose of economic enhancement in the region.

Reportedly, as a boost to India’s ‘Act East Policy’ and Japan’s ‘Free and Open Indo Pacific Strategy’, the first annual Indo-Japan summit will be held from December 15 to December 16. The gathering of the two nations is expected to set the ball rolling on their Act East forum given that Japan is planning investments of around Rs 130 billion in the eight North Eastern states of India. It is reported that Japan is currently weighing investments towards numerous projects in the region, including – a water supply project in Guwahati, a road network in Assam-Meghalaya and forest management and agriculture projects in other states of the region. It is estimated that new plans and blueprints will be announced at the upcoming summit for more projects in the area – given its close proximity to Southeast Asia. Recently, on November 30, the two countries participated in a dialogue where the respective defence and foreign ministers underlined various points of discussion – top of which is reported to be Japan’s involvement in the North East region of India. Reportedly, Japan’s involvement in providing aid for developing North East began in 2011 with the overseas development assistance (ODA) but actually picked up post 2014. Additionally, as reported, the Japan International Cooperation Agency (JICA) signed a memorandum with the Indian Government in 2017 with the aim of providing $610 million for the first phase of the North East Road Network Connectivity Improvement Project for projects in Meghalaya and Mizoram. The Act East Forum was established subsequently with the purpose of economic enhancement in the region.

Next Story
Real Estate

Goa Nears Completion of 250 Affordable Houses Under PMAY Scheme

The Goa government has completed the construction of 250 houses out of a target of 254 for eligible beneficiaries under the Pradhan Mantri Awas Yojana (PMAY), an official announced on Thursday.The affordable housing project has been implemented at a total cost of Rs 340 million, said P K Shirodkar, nodal officer in charge of the scheme and director of the District Rural Development Agency. He noted that the remaining four houses are expected to be finished within the next two to three months.The scheme, a flagship initiative of the Central Government led by Prime Minister Narendra Modi, aims t..

Next Story
Infrastructure Urban

Godrej Industries Plans Rs 7.5 bn Expansion to Boost Chemical Capacity

In a strategic move to achieve its ambition of becoming a $1 billion global player by 2030, Godrej Industries’ chemical business has announced a major capacity expansion across its manufacturing portfolio. The company plans a total capital investment exceeding Rs 750 crore over the coming years to support these expansions, with several projects already underway.The expansion includes doubling capacities of key products such as Fatty Alcohol and Euric Acid, adding 35,000 and 20,000 tons per annum respectively. Specialities capacity is set to triple with an addition of 21,000 tons per annum, w..

Next Story
Infrastructure Urban

CAQM Holds High-Level Reviews With Haryana and Punjab on Air Quality

In a concerted effort to accelerate coordinated action against air pollution, the Commission for Air Quality Management in NCR and Adjoining Areas (CAQM), chaired by Shri Rajesh Verma, held two significant high-level review meetings on 3 July 2025 in Chandigarh with the State Governments of Haryana and Punjab. The meetings aimed to strengthen inter-departmental coordination and evaluate the implementation of key sectoral measures for abatement of air pollution in the region.During the meeting with Haryana, a detailed review was conducted on critical areas including preparedness for eliminating..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?