By Bizodisha Bureau, Bhubaneswar, November 19, 2024: A delegation from Odisha, led by Chief Minister Mohan Charan Majhi, conducted a road show in Singapore to promote the state’s investment potential. The team, present in Singapore since November 16, organized an interactive session to attract investors and industry leaders from the ASEAN region. It emphasized the state’s abundant resources, top-notch infrastructure, and skilled workforce, positioning it as a prime investment destination, an Odisha government release said.
The event saw participation from over 300 delegates, including key industry figures, investors, and members of the Odia Diaspora. “The enthusiastic participation by industry representatives from Singapore and its neighbouring countries reflects their growing interest in Odisha’s emerging opportunities,” the government release added. This indicates a rising interest in the opportunities that Odisha presents.
Majhi and Industries Minister Sampad Chandra Swain engaged in discussions with Chee Hong Tat, Singapore’s Minister of Transport centering on developing integrated multimodal logistics solutions in Odisha. They drew inspiration from Singapore’s advanced transport systems, focusing on digital freight management and coastal shipping. The delegation also visited the Port of Singapore Authority to learn about best practices in port management and logistics. This visit aimed to gather insights that could be applied to enhance Odisha’s development.
“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,” Majhi stated. Sampad Chandra Swain highlighted Odisha’s readiness for business expansion. He emphasised the state’s commitment to skill development, transforming it into India’s skill capital through global collaborations like those with ITEES Singapore.
“Odisha is open for business, and we are ready to scale new heights,” Swain remarked. “Government Establishes Full-Time Tribunal in Talcher to Expedite Land Acquisition for Coal Mining” Odisha’s strategic location, coupled with its rich resources and world-class infrastructure, makes it an attractive choice for industries.
The state aims to leverage these strengths to attract more investments and foster economic growth. The road show in Singapore was part of Odisha’s broader strategy to engage with international investors and showcase its potential as a favourable investment hub. By learning from Singapore’s advanced systems and engaging with key stakeholders, Odisha seeks to implement effective strategies for its development.
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