Bhubaneswar: To attract more investors to Odisha, Chief Minister Naveen Patnaik is planning a nine-day trip to Japan from April 3, official sources said on Saturday.
Sources said that preparations for the trip are in the final stage and the state is expecting to receive huge investment proposals during his meeting with top investors in the country. The delegation led the CM will showcase Odisha as a potential investment in food processing, chemicals, plastics, petrochemicals, textile, apparel and tourism with its friendly policies.
The South East Asian country had partnered in Make in Odisha (MIO) Conclave, the state’s flagship business summit, in 2018 and 2022.
On Friday, Industry Minister Pratap Keshari Mishra told the Assembly that Odisha has emerged as a preferred investment destination due to political stability and conducive business environment and the state has been able to translate 45% intents in the first two MIOs into actual investments.
The MIO Conclave 2022 generated investment intents of Rs 10.50 lakh crore with potential for 10.50 lakh employment. In the run-up to the event, Naveen had met several industry honchos in Delhi, Mumbai, Bengaluru, Ahmedabad and Hyderabad.
In August last year, the CM had addressed an overseas investment summit in Dubai and received investment proposal worth Rs 22,000 crore.