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States » North

Japanese Ambassador meets Amarinder, discusses investment opportunities in Punjab

Chandigarh, Dec 6 (UNI) Punjab Chief Minister Captain Amarinder Singh on Thursday urged Japanese Ambassador to India Satoshi Suzuki, to impress upon companies in his country to set up ventures in the upcoming Mega Industrial Parks at Rajpura and Bathinda.

The Japanese envoy called on Captain Singh, after attending the Progressive Punjab Investors Summit-2019 at Indian School of Business, Mohali on Day one of the Summit.
The Chief Minister pointed out that Rajpura, being located in the vicinity of the world-class Mohali City, offers the basic infrastructure in terms of road and air connectivity, with prestigious educational institutes.
He also mentioned that Rajpura Thermal plant would cater to the power requirements of companies intending to set up their units in the Industrial Park.
Mr Suzuki appreciated the congenial investment atmosphere in the state and assured the Chief Minister that several Japan-based companies in various sectors would be looking at making investments in Punjab.
He also extended an invite to Captain Singh to visit Japan for exploring investment opportunities for Punjab.
Mr Suzuki also requested the Chief Minister to depute a dedicated officer to liaison with the Japan External Trade Organisation (JETRO) for setting up of Industries, besides forging technical alliances and collaborations with Japanese companies.
Additional Chief Secretary Industries and Investment Promotion Vini Mahajan apprised the Japanese Ambassador that several renowned Japanese companies like Aiche, Isuzu, Yanmar and Kansai had already collaborated with Punjab Vardhman Group, Swaraj Mazda Limited, Sonalika and Nerolac Paints, respectively.
Japan's strong base in the state and the conducive atmosphere provided by the state government would act as a catalyst to bring in huge investments from Japan, she said.
Ms Mahajan also requested Mr Suzuki to visit the state-of-the-art STPI Incubation Centre at Mohali and be a partner in this prestigious institute.
Media Advisor to the Chief Minister Raveen Thukral, Advisor Invest Punjab Major BS Kohli, Chief Principal Secretary to the Chief Minister Suresh Kumar and other senior officers were present in the meeting.
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