Singapore industry captains keen on investing in Jharkhand

Industry captains in Singapore are keen to invest in energy, infrastructure, urban development, construction, engineering and healthcare sectors as they look towards Jharkhand as the next investment destination, a press release said.
Beginning a three-day investment promotion in Singapore by a 12-member high-level delegation headed by Jharkhand Chief Minister Raghubar Das and comprising government officials and business leaders, the delegation successfully organised a roadshow today with more than 80 companies participating in it, the release said.
Addressing investors, Das highlighted that Jharkhand has reached a spurt point for next level of business and industrial growth, adding the envisaged growth was supported by availability of abundant raw materials, qualified and skilled human resource, conducive industrial and business policies and supportive leadership.

He emphasised that today Jharkhand was the most investment ready state with a clear vision and well chalked out roadmap to take the economic leadership in India.
Explaining that the state government in its thrust to facilitate investment and increase user convenience was taking multiple initiatives to improve Ease of Doing Business in the state, Das put forth his idea of governance, which believes in less government and more governance, the release said.
The CM articulated that the state government was stable and aggressively working to make Jharkhand prosperous.

He invited the business community in Singapore to participate in the 'Momentum Jharkhand' Global Investors' Summit-2017 to be held in February 2017.

State Chief Secretary Rajbala Verma said investment in the state was getting momentum and the logo 'Flying elephant' was a symbol of its strength.
Sunil Kumar Barnwal, Secretary, Department of Industries, Mines and Geology, made a detailed multi-sectoral presentation on investment opportunities in Jharkhand, the release said.
Javed Ashraf, High Commissioner of India in Singapore commended the CM for the initiatives and reforms undertaken by his government to improve business environment in the state and appreciated the commitment and will power of Das to take Jharkhand in the fast forward development process, it said.
The chief minister along with his team met the delegation from IE Singapore led by Benjamin Yap, Group Director and discussed investment opportunities.

After the meeting, Yap said it was fruitful and confirmed his satisfaction for the potential offered by Jharkhand.
He said IE Singapore, through its member business conglomerates, would explore various sectors like Smart cities, IT, urban development and energy for investment options in Jharkhand, the release said.
The delegation met representatives of the Singapore Economic Development Board and discussed their structure and development model and ways to implement a similar model in Jharkhand.
More than 20 members of BIJHAR (Bihar Jharkhand Association) also met Das and Verma and discussed investment opportunities in Jharkhand.
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 and several others, the release added.