Thursday, 17 Oct, 9.38 pm Goa Khabar English

Goa English News
"Foreign Investors' trade proposals will be cleared within 30 days in Goa!"-Chief Minister Dr Pramod Sawant

Goa Khabar: Chief Minister Dr Pramod Sawant said that the business and trade proposals of foreign investors would be cleared in just 30 days in Goa. Sawant was delivering the keynote address at the inaugural function of the Vibrant Goa-Global Expo and Summit (VG-GES) 2019 held at the SP Mukherjee stadium in the city on Thursday.

In a message clearly addressed to the over 500 international delegates attending this first edition of the VG-GES, the chief minister said, "We are putting in place a single window system for clearances of business proposals through the Investment Promotion Board of Goa."

Sawant said that the key objective behind holding the Vibrant Goa global summit was to boost business and investments in the state of Goa. "The holding of the event is actually a culmination of our Late CM, Manoharbhai Parrikar's dream of attracting new business to Goa through an international event," Sawant said.

Sawant also said that the Vibrant Goa movement was in sync with Prime Minister Modi's New India movement which included components like the 'Make in India' and 'Skill India' programmes among others.

Identifying the sectors of hospitality, information technology, education and agro based industry as the key areas of growth in Goa, Sawant explained how the revised IT policy of the state was focussing on creating 10,000 new jobs in the state. The chief minister also mentioned how the state's new start-up policy would grant Rs 10 lakhs for every selected proposal.

Sawant also stated how the state was planning to set up an international skilling centre in the state very soon.

Earlier in the morning, Salim Al Junaidi, deputy chairman, Oman chamber of commerce in his speech said that both India and Oman had a history of business relations for the last 5,000 years. "This relationship has only got stronger since the year 1955. There is a 1.8 billion USD Indian investment in the special economic zone in the Duqm city of Oman," Junaidi said.

Similar views were expressed by Juma Al Kaid, under-secretary in the United Arab Emirates ministry of commerce. Kaid said that India was only next to USA and China as one of the three major trade partners of the UAE. "I am happy to state that the UAE is the largest Arab country to invest in India with a 80 per cent share of the Arab business market in India," the bureaucrat said.

According to the UAE bureaucrat, the volume of Indian business was close to 60 billion USD in the year 2018-19 and said it would only increase.

"Prime Minister Modi has visited UAE three times in the last six years and this has helped forge ties between the two countries," Kaid said.

The other significant highlight of the inaugural function was the memorandum of understandings (MOUs) signed between the Vibrant Goa teams and chambers of commerce from across the world. The Indo-American business council, Malaysian Indian Business council, Indo-Canada Business council, Indian Business council of Qatar, Nepal chamber of commerce, Business Club of France and the Bhutan chamber of commerce were some of the participating delegations.

Sonia Shirsat gives musical welcome to all delegates

Noted Goan singer, Sonia Shirsat sang in Konkani, English, Arabic and Portuguese to truly entertain everybody at the inauguration function with her versatile voice and inimitable style. Alan Abreu supported her wonderfully on the keyboards.

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Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Goa Khabar English
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