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Odisha’s Mega Road Show In Singapore To Attract Global Investors Highly Successful, Says CM

Odisha’s Mega Road Show In Singapore To Attract Global Investors Highly Successful, Says CM

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Home Policy & Politics Government

Odisha’s Mega Road Show In Singapore To Attract Global Investors Highly Successful, Says CM

by OB Bureau
November 19, 2024
in Government, Odisha, Policy & Politics
Reading Time: 3 mins read
Odisha’s Mega Road Show In Singapore To Attract Global Investors Highly Successful, Says CM
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Bhubaneswar: Chief Minister Mohan Charan Majhi on Tuesday said the visit of Odisha delegation to Singapore to attract global investors to the state was “highly successful”.

“Our visit to Singapore has been highly successful. Over the past three days, we have engaged with industry leaders, visited advanced ports and industrial complexes, and gained valuable insights to enhance Odisha’s development. Under the visionary leadership of Prime Minister Narendra Modi and his ‘Purvodaya Yojana’, we are focused on revitalising Eastern India. Odisha, with its rich resources, world-class infrastructure, and skilled workforce, is ready to lead India’s growth story,” he said.

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Majhi also invited the investors to the ‘Utkarsh Odisha – Make in Odisha Conclave 2025’.

Industry Minister Sampad Chandra Swain, who accompanied the delegation, said, “Odisha is open for business, and we are ready to scale new heights. By prioritising skill development, we have transformed Odisha into the Skill Capital of India, with global collaborations including with ITEES Singapore. Our rich resources, world-class infrastructure, and strategic location make Odisha the ideal choice for industries. We are committed to fostering a business-friendly environment that drives investment, growth, and job creation. I invite industry leaders to explore these opportunities to shape a brighter future together.”

The highlight of the third day of the Chief Minister’s visit was the investor roadshow, which was attended by over 300 delegates, including prominent industry leaders, investors, Odia diaspora, and special invitees. It featured an interactive session on business opportunities in Odisha, where the delegation highlighted the state’s rich resources, world-class infrastructure, and skilled workforce, all of which make Odisha a prime destination for investment, said a release from the chief minister’s office (CMO).

Another major event of the day was the Interactive Session on Business Opportunities in Odisha, attracting global investors and industry leaders from across the ASEAN region. The session served as a platform where the Odisha delegation led by the Chief Minister showcased the state’s immense investment potential and its readiness to lead India’s growth story.

The talks and presentations highlighted the state’s rich resources, world-class infrastructure, and skilled workforce, positioning Odisha as a prime destination for investment. The enthusiastic participation by industry representatives from Singapore and its neighbouring countries reflected their growing interest in Odisha’s emerging opportunities.

During the day, the Chief Minister and the Industries Minister were engaged in high-level G2G discussions with Chee Hong Tat, Minister of Transport, Government of Singapore. These discussions focused on Odisha’s goal of developing integrated multimodal logistics solutions, drawing inspiration from Singapore’s advanced transportation systems as well as on digital freight management and coastal shipping.

Following the meeting at Ministry of Transport, the delegation turned its focus to skill development by visiting the Institute of Technical Education and Education Services (ITEES).

The delegation also participated in a roundtable meeting organised and supported by Enterprise Singapore and FICCI, where they delved into specific opportunities in key sectors such as infrastructure, manufacturing, and IT. Some of the key companies attending the meet included Agrocorp International, Aurionpro Payment Solutions, Eastcom, Elixir Technology, Environsens, Evervolt Green Energy, Graymatics, ITE Education Services, Oneberry Technologies, Surbana Jurong, and Yongnam Engineering Pte Ltd.

Additionally, one-on-one meetings with were held with global leaders like Linde, Vena Energy, Capital Land, Everstone Group, Vopak, Indorama, Micron, and MAS Holdings among others. The discussions centred around bringing more investments to Odisha in sectors like Chemicals and Petrochemicals, Metals and Metal Downstream, IT, ITeS, Textiles and Apparel, as well as on how to finance the upcoming projects. These engagements have generated significant interest in the state’s growth potential and further solidified Odisha’s position as an emerging investment hub.

The delegation also visited Port of Singapore Authority, a global leader in port operations to study best practices in port management and logistics. The focus was on identifying strategies that can be implemented in Odisha to enhance the efficiency of its own ports.

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