Odisha Government's MoU With Ports For Economic Growth
The Government of Odisha, on Thursday, a memorandum of understanding (MoU) with Paradip Port and non-major ports of Odisha on the sidelines of the Global Maritime India Summit 2023.
The MoU was signed between Paradip Port Authority, Dredging Corporation of India and Odisha Industrial Infrastructure Development Corporation.
Bhupendra Singh Poonia IAS, Managing Director, Industrial Promotion & Investment Corporation of Odisha, said, "Odisha is one of the fastest growing economies in India, consistently growing at 11.5 per cent above the national average. With its strategic location and gateway to the sea, network leading to the seaports, and opportunities for coastal shipping, Odisha’s unique proposition for the maritime sector will bolster the Industrial growth and development of Eastern India. We are happy to promote and showcase Odisha as the New Land of Opportunities as we emerge as leaders in Textiles, Chemicals, Petrochemicals, Food and Processing, IT and ITeS, Datacentres among others.”
The exchange of MOU today is a testament to Naveen Patnaik’s vision of Odisha emerging as the investors’ preferred destination for sustainable industrial growth. Partnerships like these are crucial for the state's progress and for providing employment opportunities to our people through skill development. Odisha, with its strategic location on the eastern seaboard of the Indian peninsula, offers a unique advantage to industries.
The Government of Odisha remains committed to fostering an environment where industries can thrive, innovate, and contribute to the state's socio-economic fabric. This collaboration with Paradip Port Authority, and Dredging Corporation of India Limited and Odisha Industrial Infrastructure Development Corporation is a beaming example of the state's proactive approach to industrial development.
