Goa govt gives nod to 38 investment proposals

Goa Chief Minister Laxmikant Parsekar on Friday said that 38 proposals for investment in the state have been cleared which will generate 6,500 jobs.

Parsekar told reporters that the industrial investment in the state also includes two marinas in Zuari river.

The local fishermen have objected to the marinas, fearing to lose their livelihood.

"We have allowed marinas with the condition that they should get all the required clearances," the chief minister said.

The investment proposals which have been cleared, include investments in pharma, manufacturing and tourism sector, he added.

With the total 38 proposals, the investment of Rs 2,138 crore has been approved which will generate 6,500 jobs, Parsekar said.

The state government, he said, has made it mandatory that the industries should have at least 80% of its total employees from Goa.

The chief minister said that the state government also intends to promote the investment in the Information Technology (IT) sector.

"We have organised IT conference on May 22 and May23 when state IT investment policy will also be released," he said.

The BJP-led government has also identified two locations – Tuem in north Goa and Chimbel near Panaji to set up electronic city and IT Park respectively.