Singapore/Ranchi | December | 22, 2016 :: A Twelve member high-level delegation comprising of government officials and business leaders headed by Chief Minister Raghubar Das, Government of Jharkhand kick started the three day investment promotion at Singapore.
On day one, the delegation successfully organised a Roadshow. More than 80 companies participated in the roadshow. Key participants include STMicroelectronics, leaves + oats Pte ltd, SMF, Strategic Capital Global, Fitch Ratings, SICCI, GMR International, OEM, P&P, Universal Navigation, IS Container Pte Ltd, SCP Consultants Private Ltd, TG International, Pacific Integrated Logistics Pte ltd, Building and Construction Authority, Valt System Pte Ltd, Active Capital Asia Pte Ltd, Luther Law firm, TG International, Trans Global Pte Ltd, Sunkonnect.co, Toss-ex, Grandeur, HBA Capital Limited, Pacific Integrated Logistics Pte ltd, Hosanna Global Enterprise Inc., China Heping Construction Group Pte Ltd, Singapore Institute of Building Limited, Indorama Corporation Pte Ltd and Global Citizen Forum.
Raghubar Das addressed a congregation of investors and highlighted that Jharkhand has reached a spurt point for next level of business and industrial growth. The envisaged growth is supported by availability of abundant raw materials, qualified & skilled human resource, conducive industrial & business policies and supportive leadership. He also emphasised that today Jharkhand is the most investment ready state with a clear vision and well chalked out roadmap to take the economic leadership in India. He explained that Government of Jharkhand (GoJ) in its thrust to facilitate investment and increase user convenience is taking multiple initiatives to improve Ease of Doing Business in the state. He put forth his idea of governance which in support of Hon’ble Prime Minister Narendra Modi believes in less Government and more Governance. He articulated that the Government in Jharkhand is stable and aggressively working to make Jharkhand into a Prosperous State. He invited the business community in Singapore to participate in the “Momentum Jharkhand” Global Investors’ Summit 2017 to be held in February 2017.
Smt. Rajbala Verma, Chief Secretary, Government of Jharkhand said the investment in the state is getting momentum and the logo “Flying elephant” is symbol of its Strength. She also discussed regarding the competitive edge Jharkhand has as an investment destination and labour reform measures that have been undertaken by the government. Sunil Kumar Barnwal, Secretary, Department of Industries, Mines and Geology, Government of Jharkhand, made a detailed multi-sectoral presentation on investment opportunities in Jharkhand.
Javed Ashraf, High Commissioner of India, Singapore Commended Chief Minister for the initiatives and reforms undertaken by his government to improve business environment in the state. He appreciated the commitment and will power of chief Minister to take Jharkhand in the fast forward development process. He stated that Jharkhand is a dynamic state which provides burgeoning opportunities across all sectors for investors.”
CM along with his team met the delegation from IE Singapore led by Benjamin Yap, Group Director. They discussed various investment opportunities and upcoming projects. After the meeting, Benjamin Yap concluded the meeting to be fruitful and confirmed his satisfaction for the potential offered by Jharkhand. He asserted that IE Singapore through its member business conglomerates shall be exploring various sectors e.g. Smart cities, IT, Urban Development and Energy for possible investment in the state of Jharkhand.
Jharkhand Delegation had meeting with Singapore Economic Development Board (EDB), representative of EDB discussed their structure and development model with delegation discussed the feasibility of model and way to implement similar model in Jharkhand.
More Than Twenty members of BIJHAR (Bihar Jharkhand Association) also met with Chief Minister and Chief Secretary and discussed the investment opportunities in Jharkhand. Chief Minister invited them to be a part of upcoming “Momentum Jharkhand” Global Investment summit 2017.