NorthEastern & ASEAN Region has Immense Investment Potential: Venkaiah Naidu

Vice President M. Venkaiah Naidu said that there is an immense investment potential in the North Eastern region and ASEAN countries should not be allowed to miss that opportunity.

Addressing the 2nd Convocation of National Institute of Technology, in Dimapur, Nagaland, Naidu said that Nagaland, a state, rich in its traditional heritage is growing fast and setting up of NIT is an indication of the growing importance of this region.

The real strength of any academic institute lies in maintaining high standards of excellence through its teaching and top quality research, he added.

The Vice President said that North-Eastern region is endowed with abundant natural resources, but difficult terrain, dispersed habitations, poor connectivity and inadequate infrastructure have been obstacles in realizing its true potential.

He further said that improving connectivity is most important to bring the North East region into the mainstream and air connectivity is also vital for promoting tourism, business and people-to-people contact.

We strongly believe that the corridors of connectivity should be converted into corridors of economic growth with a symbiotic market model of development, he added.

The Vice President said that the knowledge and technical skills acquired by the students will form the main pillars of their professional career.

But the life skills acquired by them and the values of ethics, morality, integrity and compassion are equally important in navigating through the challenges and contributing to building an inclusive New India, he added.