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Goa looks for eco-friendly, sound proposals at investors’ meet

By IANS,

Panaji: Gearing up for the first state-endorsed investors’ meet to be hosted here Saturday, Chief Minister Manohar Parrikar said that a sound, environment friendly investment proposal could be responded to ‘in principle’ at the day-long business session.

“If a particular project does not require much land and is in line with the green channel approved by the government, we may even say in-principle yes,” Parrikar said Thursday.

The Goa Investors Forum 2012, which is being organised by the Goa Chamber of Commerce and Industry (GCCI) and Federation of Indian Chambers of Commerce and Industry (FICCI), is expected to draw 55 potential investors in the field of IT, entertainment, pharmaceuticals, tourism and education sectors, among others, including foreign investors from Britain, Morocco and Australia.

The forum is also expected to unveil Essel Group’s plan to establish a theme-based entertainment park in the tourism oriented state.

Parrikar hoped that his presence at the investors’ forum would inspire confidence in the potential investors, that the government was serious about attracting genuine entrepreneurs into the state.

According to GCCI president Manguirish Pai Raikar, the Goa Investors Forum 2012 would greatly help in creating job opportunities in Goa and infuse a fresh dose of investment in the state after a seven-year spell of “policy and decision-making paralysis”.

“We chose these industries as they perfectly suit Goa’s needs. We want our youths to get employed but at the same time we do not want a reverse migration of workforce into Goa by seeking to attract industries which are not suitable,” Raikar said.

“Goa is endowed with important natural and human resources, and neighbouring Mumbai can attract investments. The objective of organising the forum is to make the industry aware about the state government’s initiatives so that they can benefit and expand their investments,” co-host of the meet and FICCI official Rashesh Shah said in a statement.