Bhutanese Prime Minister Tobgay invites investments from India

Bhutanese Prime Minister Lyonchhen Tshering Tobgay invited Indian industrialists to invest in Bhutan and explore the country's potential here today, official sources said.

He was in the city as part of his Indian tour.

Interacting with the industry members, the Bhutanese PM pointed out that his country had a good working environment and a quality workforce which Indian industry could build upon, a press release by the Confederation of Indian Industry (CII) said.

The Prime Minister was also keen to work closely with India to promote the infotech sector in the country, the release said.

Tobgay said that Bhutan has abundant energy resources and had immense potential to develop alternative sources of energy.

CII Southern Region's former Chairman B V R Mohan Reddy said that the Government of Bhutan should set up a Centre of Excellence (CoE) in green businesses and that the CII would be pleased to facilitate and handhold the CoE, the release said.

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