Canada eyes investing in Himachal

Shimla : The Canadian government has shown interest in investing in Himachal Pradesh’s growing hydo electricity,tourism,food processing and horticulture sectors.

This was revealed by a spokesman of the state government after the Candadian high commissioner in India Stewart G Beck met the state chief minister P.K.Dhumal here Monday.

The two discussed vast opportunities for making investment by multi national companies in the hill state particularly in the booming hydel power sector which was being exploited mainly by private players.

There were still opportunities for tapping the remaining potential by MNCs in this sector.

Dhumal told the Canadian high commissioner that the state already has the country’s largest hydro power project the 1500 MW Nathpa Jhakri project and the 2100 MW Parbati project which is to be built.

The state government also wants Cananda to help to revive the old apple orchards in the state by plating high yielding varieties.

Dhumal said Himachal would be keen to welcome Canadian investment in education and food processing sectors.

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In a 20 year career published widely. He has worked for the BBC, AFP, The Statesman, IANS and the Business Standard . Known for his hard hitting writing and occasional off-beat stories. He lives in Shimla.

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