Home Politics and Current Affairs Bhagwant Mann propels global investment interest in Punjab

Bhagwant Mann propels global investment interest in Punjab

Bhagwant Mann's diplomatic efforts have set the stage for Punjab as a global investment destination, with key nations expressing genuine interest in contributing across diverse sectors.

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Bhagwant Mann propels global investment interest in Punjab

Punjab chief minister Bhagwant Mann held a series of strategic meetings with envoys from eight , including the UK and . Chief Minister advocated for substantial investments across pivotal sectors and showcased the state as an expansive realm of opportunities during these discussions held in New Delhi.

Mann, the driving force behind the state government's concerted efforts, succeeded in captivating the attention of ambassadors and high commissioners from Australia, the , Brazil, Spain, Malaysia, the Netherlands, and more. The focus of the meetings centered on mutual interests, laying the groundwork for robust investments in Punjab.

In his appeal to the international envoys, Chief Minister Bhagwant Mann depicted Punjab as a burgeoning industrial hub, ripe for foreign investments. The statement by Punjab government underscored the palpable interest expressed by these nations in contributing to Punjab's economic growth.

“We discussed areas of mutual interest during the day-long meetings. The forthcoming investments are poised to elevate Punjab into a investment hub, restoring its historical eminence,” asserted Chief Minister Mann optimistically.

Meetings with individual envoys brought forth tailored discussions on sector-specific opportunities. Australian High Commissioner Philip Green was briefed on the vast potential for investments in agriculture, sports, cattle feed, and education in Punjab. The UK High Commissioner, Alex Ellis, explored mutual growth prospects in the agri-food processing sector.

Brazilian envoy Kenneth H. da Nobrega engaged with the Chief Minister on potential investments in Agro Food Processing, Renewable Energy, Logistics, Information , and Chemicals. The scope for collaboration between Punjab and Spain was highlighted during talks with Ambassador José María Ridao, focusing on the substantial export values from Punjab to Spain.

Malaysian Ambassador Dato Muzafar Shah Mustafa was apprised of Punjab's emergence as a preferred tourist destination, with the state government actively promoting tourism. Chief Minister Mann, in discussions with Netherlands Ambassador Marie Louisa Gerards, acknowledged existing Dutch investments in Punjab. He also commemorated the groundbreaking ceremony of the De Heus factory at Vividha Industrial Park, Rajpura, in October 2023.

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