Aizawl, June 19, 2025: The Empowered Committee on Investment held a crucial meeting today at the Chief Minister’s Office in Aizawl, chaired by Chief Minister Pu Lalduhoma. The meeting brought together key officials and ministers to deliberate on the state’s approach to investment, industrial development, and the use of Memorandums of Understanding (MoUs) in engaging with private companies.
During the session, the Chief Minister expressed serious concern over past MoUs signed by the government, stating that while the intention was to attract investment, some agreements had proven unproductive and financially constraining for the state. He emphasized that future MoUs must align strictly with the state’s development priorities and that the government would avoid signing any agreement that could not be terminated when necessary or that lacked mutual benefit.
The committee also examined new draft MoUs submitted by three companies proposing to set up processing units for turmeric and other agricultural products. However, the government was hesitant to approve these drafts without proper clarity and assurances. Given this, the committee recommended the issuance of an Expression of Interest (EOI) to open up the opportunity for more companies, ensuring a transparent and competitive selection process. If needed, other potential investors would also be informed to broaden participation.
As part of the review, the committee also discussed the Mizoram Industrial & Investment Policy, aiming to ensure that all future partnerships are strategically aligned with the policy’s goals. The meeting was attended by Agriculture Minister Pu PC Vanlalruata, Commerce & Industries Minister Pu F. Rodingliana, Adviser to the Chief Minister Pu TBC Lalvenchhunga, Adviser to the Chief Minister Dr. KC Lalmalsawmzauva, and other senior officials.
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The discussions reflected the government’s determination to reform the state’s investment approach, focusing on transparency, long-term benefits, and responsible governance in all future dealings with private partners.
