Global Investors Summit to change economic future of J&K: CS
Jammu, Dec 19:
Chief Secretary, B V R Subrahmanyam Thursday chaired the first meeting of the
Apex Committee constituted for hosting the J&K Global Investors
Summit-2020. The Apex Committee is responsible for the overall high level
coordination necessary for the successful conduct of the Investment Summit.
Administrative Secretaries, Divisional Commissioner, Jammu, Deputy
Commissioner, Jammu, HoDs of various Departments attended the meeting held at
Udhyog Bhavan. Divisional Commissioner, Kashmir, Deputy Commissioner, Srinagar
and HoDs of Departments headquartered in Kashmir Division participated in the
meeting through video conferencing.
presentation on the contours of the J&K Global Investors Summit-2020 was
made by Principal Secretary, Industries & Commerce Department. Jammu and
Kashmir Trade Promotion Organization (JKTPO) is the nodal agency for conducting
the summit. Confederation of Indian Industry (CII) has been selected as the
National Partner. Earnest Young, PricewaterhouseCoopers
(PwC) and Expro have been selected as Knowledge, Media and Event Partner
respectively through a competitive bidding process.
Committees such as Empowered Committee, Hospitality Committee, Venue Management
Committee, Traffic & Security Committee, transport Committee, Cultural
Committee, City Beautification Committees, Media and Publicity Committee, Sight
Seeing Committee, Exhibition Committee etc with specific role and
responsibilities, headed by Administrative Secretaries, are also being
constituted. These Committees will be working in synergy for desired outcomes.
mention that Lieutenant Governor will be presiding over various pre-event
functions in coming weeks including an interactive session with potential
Investors at New Delhi scheduled on 8th January, 2020 to set the stage for
J&K Global Investors Summit-2020. Further, road-shows on the J&K Global
Investors Summit-2020 are being planned. District level awareness camps and a
curtain raiser are also part of the pre-event preparations.
the importance of J&K Global Investors Summit-2020 for J&K, Chief
Secretary emphasized the need to synergize the roles and responsibilities of
the Administrative Secretaries, HoDs and other officers to make the Summit a
festive and rejoicing event with a focus on outcomes.
said that the Summit will provide J&K a platform to showcase its strengths,
strategies and potential in the investment sector. Participating trade and
industry organizations will have an opportunity to know firsthand about the
business friendly policies of the Government and identify business
opportunities in Jammu and Kashmir.
This Summit will be a mega event, with strategic sectoral sessions,
round table deliberations, technical presentations, partnerships, one-to-one
business meetings and signing of MoUs.
said that that the Summit will kick start industrial development in J&K at
par with other States and propel J&K as the preferred investment
destination among the domestic and global investors. “Investors Summit will provide an opportunity
to allay fears and apprehensions from the minds of outside trade and business
community about investment in J&K. It will present immense opportunities to
develop contacts between the local and outside business community and will
provide not only primary employment but also generate secondary and ancillary
employment opportunities for youth in J&K” Chief Secretary observed.
asked Administrative Secretaries to focus on sectors in line with J&K’s
intrinsic strength and aspirations of its youth and come up with appropriate
and investment friendly sectoral polices and investible project proposals so
that J&K Global Investors Summit-2020 leads to tangible outcomes and a
futuristic road map for rapid development of potential sectors in J&K.
asked Industries and Commerce Department to prepare a set of standard response
to the Frequently Asked Questions (FAQs) on investment in J&K for
information of the potential investors and stakeholders. He asked the National,
Knowledge, Media and Event Partners to provide maximum possible support to the
JKTPO for successful organization of the event.