Dubai/Bhubaneswar: Odisha’s investment outreach in the United Arab Emirates gained pace with Chief Minister Mohan Charan Majhi holding a series of meetings with UAE leaders, investors and industry representatives.
Officials said the meetings held on the second day of CM Majhi’s UAE tour on Thursday resulted in five MoUs and eight investment intents worth a combined Rs 8,417 crore.
The proposed investments are expected to create around 14,310 jobs and span sectors including IT and IT-enabled services, real estate, logistics, food processing, agro-processing, steel and downstream industries, rare earths, chemicals, aluminium and recycling.
As part of the exercise, the Chief Minister met Abdulla Bin Touq Al Marri, UAE Cabinet Member and Minister of Economy and Tourism and Chairman of the Council of International Investments. The two sides discussed ways to deepen economic ties and facilitate greater participation of UAE-based businesses in Odisha.
Majhi highlighted Odisha’s industrial base, strategic location, infrastructure, natural resources, skilled workforce and investor-friendly policies, urging UAE investors to consider the state for long-term partnerships.
He also addressed an Odisha Investment Roadshow in Dubai, where the state showcased opportunities in manufacturing, metals, downstream industries, IT, infrastructure, logistics, food processing, chemicals and energy.
Officials said a separate roundtable with aluminium downstream companies focused on value addition, technology adoption and opportunities to develop globally competitive manufacturing capacities in Odisha. He also interacted with members of the Indian Business & Professional Council (IBPC) in Dubai to explore business linkages, collaborations and investment opportunities.
The Chief Minister also held an industry roundtable with representatives of the Bureau of Middle East Recycling (BMR) Association and JSW Group, Dubai.
The discussion focused on metal recycling, circular economy, resource efficiency and value-added manufacturing.
The Chief Minister highlighted Odisha’s strong metals and manufacturing ecosystem and invited investors to explore opportunities in metal recycling, secondary aluminium and steel, advanced material recovery and circular-economy technologies.
The interaction also explored technology collaboration and sustainable industrial practices to build a globally competitive recycling ecosystem in Odisha.