Odisha Extends Formal Invitation to Singapore's Deputy PM for 'Utkarsh Odisha' Conclave

Bhubaneswar: In a significant move to strengthen ties with Singapore, Chief Minister of Odisha Mohan Charan Majhi has extended a formal invitation to the country's Deputy Prime Minister and minister for trade and industry Gan Kim Yong to participate in the biennial ‘Utkarsh Odisha – Make in Odisha Conclave’ slated for January 2025.

During his four-day visit, which concluded on Monday, CM Majhi met with key ministers and investors to enhance bilateral ties and induce more investment in the state. He also engaged in discussions with Sim Ann, Singapore's senior minister of state for foreign affairs, and proposed expanding collaborations into areas such as urban mobility, green shipping corridors, and the development of a Chemicals and Petrochemicals Complex.

Majhi acknowledged Odisha's growing industrial ecosystem, stating that its strategic partnerships with global leaders like Singapore could unlock transformative growth. The Chief Minister also visited the Surbana Jurong Petrochemicals Complex, praising its state-of-the-art infrastructure and leadership in petrochemical processing.

Odisha aims to build on Singapore's expertise in the petrochemical sector by developing Paradip's Petroleum, Chemicals, and Petrochemicals Investment Region (PCPIR). This region will serve as a cornerstone for sustainable industrial growth and leverage insights from Singapore's ecosystem.

CM Majhi also held one-on-one meetings with industry leaders, including Chief Fintech Officer of the Monetary Authority of Singapore, Sopnendu Mohanty. Discussions were held between Odia business delegation members and Singaporean firms to explore business-to-business collaborations across sectors such as manufacturing, technology, and logistics.

The 'Utkarsh Odisha' conclave promises to be a platform where state-of-the-art facilities and investor-friendly policies will be showcased, fostering international collaborations. Odisha's commitment is evident in its desire to position itself as a global investment destination, building on robust infrastructure, strategic location, and favorable policies.

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