home Economy ‘Goa’ attracts big investment worth Rs. 2,000 crores

‘Goa’ attracts big investment worth Rs. 2,000 crores

Goa Chief Minister, Laxmikant Parsekar, confirmed 38 proposals for investment in the state which will in-turn generate 6,500 jobs. The investment proposals which have been cleared, include investments in pharma, manufacturing and tourism sector.

Although the local fishermen have objected this move due to the marinas, fearing to lose their livelihood but the ministry claims that marinas are only allowed with the required clearances.

With this total investment worth Rs. 2,138 crore the state has made it mandatory that the industries should have at least 80 per cent of its total employees from Goa.

Further, there are plans to make investment in the IT sector wherein the state has identified two locations – Tuem in north Goa and Chimbel near Panaji to set up electronic city and IT Park respectively.

Source: NDTV