The president of Singapore is anticipated to travel to Odisha in January of the following year. The president was invited to visit the state by the high-level team headed by Chief Minister Mohan Charan Majhi during their most recent four-day trip to Singapore. During the tour to Singapore, the delegation participated in more than 25 high-level B2G and G2G meetings, roundtables, interactive sessions, and site visits, according to the government release.
Supported by Invest India, FICCI, the High Commission of India (HCI) in Singapore, and Enterprise Singapore (ESG), the tour enhanced Odisha’s international investment and development opportunities. The group spoke with a number of significant Singaporean businesses, inviting them to investigate investment prospects in the state’s vital industries, such as semiconductors, green energy, and petrochemicals. In order to learn more about integrated industrial planning and to model it for Odisha’s Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) at Paradip, the team went to the Jurong Petrochemicals Complex (JPC).
To model Paradip PCPIR in accordance with the Jurong Complex, the government intends to collaborate technically with Surbana Jurong. Businesses like Linde and Sembcorp also shown a strong desire to invest in the state. In addition, the government wants to establish a 200-acre semiconductor park in the state that is modeled after those in Singapore and Malaysia.
“The visit to a marquee semiconductor equipment manufacturing company PEP Innovation Private Ltd provided insights into the requirements of a well-functional electronics and semiconductor park. Learnings from these visits and interactions with companies operating in this sphere will be used while planning electronics and semiconductor parks in Odisha,” reads the statement.