Jaya wants TN to be top three investment destinations in Asia

Chennai:

Chief Minister J Jayalalithaa’s vision document doesn’t solely focus on the aspiration to make the state numero uno in the nation but also to make the state as top three destinations for investment in Asia.



Her vision to make the state top three investment destinations could be gauged as during her speech to release the Vision 2023 document, she frequently pointed out the growth of East Asian economies instead of the Indian states while highlighting her vision to make Tamil Nadu one of the top three destinations for investments in Asia and also emerge as the most attractive destinations for investment in Asia.



She said attaining one among top three positions in Asia would be tantamount to benchmarking the state with countries such as South Korea, Thailand and Malaysia which are ranked 8, 17 and 18 respectively in the world by the International Finance Corporation in its study on ‘Ease of doing Business.’



She also compared the growth of Tamil Nadu to the growth of South East Asian nations when she highlighted the need to attain a growth rate of 11 per cent.


“Several countries in Asia, in particular, Thailand, Malaysia and China have grown at around seven per cent to 10 per cent per annum for more than 20 years during 1980s and later. Considering the fact that several Asian nations have grown at 10 per cent, the aspiration for Tamil Nadu to achieve 11 per cent growth is achievable,” she said.