GOA INVESTMENT PROMOTION BOARD APPROVES 10 NEW PROJECTS

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Goa Investment Promotion & Facilitation Board (Goa-IPB) has approved 10 new investment projects at proposed investment of approximately Rs. 445 crore, revealed Chief Minister Dr Pramod Sawant.

The Chief Minister chaired the 41st Board Meeting of the Goa Investment Promotion & Facilitation Board (Goa-IPB) today, in the presence of Industries Minister Mauvin Godinho, MLA & IDC Chairman Aleixo Reginaldo Lourenco, senior government officials and industry representatives.

The Board approved 10 new investment projects across key sectors such as food processing, logistics & warehousing and manufacturing; representing a total proposed investment of approximately ₹445 crore and are expected to generate around 800 employment opportunities in the state.

“The approvals reaffirm the Government of Goa’s commitment to sustainable industrial growth, balanced regional development and job creation. We continue to streamline procedures, strengthen coordination between departments and promote a transparent, investor-friendly ecosystem to further enhance ease of doing business in Goa,” emphasised Dr Sawant.

Underlining the youth employment goal, the Chief Minister added: “We remain dedicated to attracting responsible investments that contribute to economic growth while creating opportunities for our youth and strengthening Goa’s development journey.”

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