Chennai: Gujarat has attracted investments worth of $140 billion from the three Global Investors' Summits held in the state in the last five years, state chief minister Narendra Modi said.

After the conclusion of the Global Investors' Summit-2007 held on January 12 and 13, 352 MoUs were inked aggregating prospective investments worth Rs4,61,835 crore, he said.

Modi said SEZs in Gujarat would be a model for India's driving force of future economic progress as land acquisition was not a problem. He added that so far 33 SEZs had been approved and not a single case of controversy had emerged and it was the only State to have less than 0.5 pc loss of mandays with utmost peaceful labour.

The Planning Commission had asked Gujarat to achieve a growth rate of 11.2 per cent. Modi said agriculture would be a thrust area for achieving this target. The State had planned to achieve 13 pc growth in agriculture while the natural growth rate was only 4 per cent.

Modi also added that unlike Maharashtra and Andhra Pradesh, Gujarat has not had a single case of farmers' suicide.