Odisha destined to become trillion-dollar economy: CM Naveen Patnaik at MIO conclave

Bhubaneswar: Odisha is destined to become a trillion-dollar economy in the near future, said Chief Minister Naveen Patnaik at the Make in Odisha (MIO) Conclave-2022 here today while addressing industry leaders and investors.

“We will emerge as the gateway to East and Southeast Asia. I invite you to come and invest in a new Odisha,” the CM said at the event.

“Odisha is fast emerging as a major investment destination in the country. We are a progressive state with clear focus on transformation in all sectors. Our fiscal prudence and economic management has been appreciated across the country . We are one of the few states with adequate revenues to undertake large scale infrastructure projects,” said Patnaik.

“Our investor-friendly initiatives and transformatory governance has put us on a journey of progress and prosperity. I invite each one of you to come join us on this journey I assure you that our government will run the extra mile to make you comfortable in our state. We will walk along your side and make sure your dreams as an entrepreneur are realized. Odisha’s prosperity is interlinked with new investments. We completely understand this and therefore, we welcome you from the core of our hearts,” he said.

“Our new Industrial Policy provides the support and incentives which are beyond the best in the country. We are launching new policies in the sectors of Tourism, renewable energy, apparel and textile, food processing, exports and so on . We will continue to work with each one of you and understand the requirements of your sector and provide the best of support systems,” he mentioned.

“As you all know, Odisha is a major force in the field of mining and mineral-based industries. The State has attracted major investments in Steel and Aluminum projects and will emerge as the global hub in these sectors by the turn of this decade. However, we are ambitious to develop Odisha in other sectors too. We are making huge capital investment in improving our transport infrastructure – expressways, railways, airports, sea ports. We are a pioneer in electricity reforms and have successfully created the framework and investment towards providing quality affordable energy,” the Chief Minister said.

“Our focus on creating quality education through high schools’ transformation, world class higher educational institutions, Skilled in Odisha program the World Skills Centre, providing quality affordable health care systems will enable social capital and support the industries with highly qualified human resources,” he added.