In a bid to draw investment into Goa, the State’s Investment Promotion Board (IPB) on Friday organized an online roundtable discussion with Norwegian Companies on Investment Opportunities in Goa 2020 in association with Norwegian Business association India (NBAI).
As many as 57 representatives and officials were a part of the discussion. Goa’s industries secretary J Ashok Kumar informed the participating Norwegian companies that the government is formulating investor friendly policies to boost investments in Goa.
The Chief Minister Pramod Sawant in his address emphasized that his government is focused on making the system transparent and bringing ease in doing business in Goa. He further added that the government wants to create a path to foster innovation and revamp the investment policy to incorporate the new developments in the investment climate. Sawant promised the foreign companies investment proposals will be cleared on priority basis, a promise that the state government has made since the ‘Vibrant Goa’ summit held last year.
The CEO of IPB, Vandana Rao gave a detailed outline of the various aspects of the investment process and incentives in the State and invited Norwegian companies to Goa. Goa shipyard CMD Cmdr B B Nagpal expressed the willingness to work with the Norwegian companies and discussed the different opportunities for joint cooperation.
From Norway Ambassador to India Hans Jacob Frydenlund expressed keen interest to work with Goan companies. The Consul General of Norway Arne Jan Flolo informed the participants that they are willing to work in five major sectors mainly shipbuilding, waste management, fisheries, education and port development. Chairperson of NBAI Kristine Anvik Leach assured the members of all support in facilitating investment in the state of Goa. This was first event of its kind with Norwegian investors and more such events with other countries would be held in days to come.
