CM’s show all the way, to remain Chairman of IPB headed by fulltime CEO IPB to be single window conduit between investors and govt
Will supervise investment in all major boards and corporations
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Ajit John
PANJIM: The Investment Promotion Board will be the new big daddy of Goas investment universe.
This will be the nodal authority for all investments which will be upwards of Rs 5 crore in the State and with a requirement of 3000 sq metrs and above.
This has been proposed in the investment policy which is expected to be made public shortly.
Projects in areas classified under the Red, Orange and Green categories as per Goa State Pollution Control Board guidelines will now have too also seek permission from this new body.
The Investment Promotion Board will be a fully empowered statutory entity, headed by a fulltime CEO and supported by a dedicated team.
The Board will be non-executive and include 9 members from industry, the Chief Minister of Goa as Chairperson of the Board, and the Industries Minister and the Tourism Minister as Joint Vice-Chairpersons.
The Board will meet on a fortnightly basis.
The CEO of the board will be a Class I Officer and Member Secretary.
The CEO shall be selected by a committee which would comprise of the Principal Secretary (Industries), and representatives selected from industry bodies/associations of Goa.
The Investment Promotion Board will be empowered to oversee and direct the Directorate of Industries, Trade and Commerce (DITC), Goa Industrial Development Corporation (GIDC), Goa Tourism Development Corporation Ltd (GTDC), Economic Development Corporation Ltd. (EDC), Infotech Corporation Goa Ltd and other concerned bodies towards speedy processing of investment proposals and investor facilitation.
The said bodies will be responsible and accountable for realization of the allotted tasks in a time-bound manner.
An MSME cell will be set up within the Investment Promotion Board and would function as a facilitator to MSME investors.
Mission ` 25,000 crore needs pillars
Infrastructure/ Road network
To facilitate transportation of containers to the Nava Sheva port and other hinterland locations, the Government is in discussions to start container trains on the Konkan Railway route. The Konkan railway will be allowing 2 slots a week for container trains from Pernem.
Private terminals/jetties
Logistics time and cost can be significantly reduced by using Goa’ vast inland waterway network. Existing underutilized jetties are proposed to be upgraded to handle break-bulk cargo while new jetties are being planned at Borim and Amona to handle containers. There are plans for several other jetties at various locations under consideration.To encourage construction of private terminals, jetties, landing areas, the government will offer a single window clearance through the Captain of Ports. The CoP will also assist the investor in getting relevant clearances from the GCZMA and GSPCB . The Government of Goa will set up the Goa Maritime Board to administer all the activities mentioned above
