Goa Industrial Development Corporation (Goa-IDC) has been recognised at the esteemed Governance Now West Tech Symposium & Awards 2025, with its Chairman, Aleixo Reginaldo Lourenco receiving the prestigious CMD Leadership Award. This accolade acknowledges his exemplary leadership and significant contributions to governance and technological reforms at Goa-IDC.
Under Lourenco’s leadership, Goa-IDC has implemented progressive industrial policies, streamlined processes for ease of doing business and fostered an environment conducive to sustainable industrial growth. The award highlights the corporation’s dedication to innovation, operational efficiency and excellence in governance within the industrial sector.
Speaking on the occasion, Aleixo Reginaldo Lourenco, Chairman-GOA-IDC, stated: “Goa-IDC has achieved a remarkable milestone by becoming a debt-free Corporation in such a short span of time. This achievement has empowered us to reinvest over ₹100 crore in Infrastructure development across various Industrial estates of Goa, ensuring a robust and business-friendly ecosystem. Furthermore, the launch of our OPEN portal, recognized as a first-of-its-kind Digital Public Good, has revolutionized Industry governance by enhancing transparency, efficiency and ease of doing business. Our commitment remains steadfast in driving industrial growth, attracting investments and strengthening Goa’s economic landscape.”
Speaking further the Chairman also elaborated how GOA-IDC has undertaken several transformative initiatives to enhance Industrial growth and governance in the state of Goa over the last 2 years. The introduction of the new Goa Industrial Development Corporation (Allotment, Transfer, and Sub-Lease) Regulations 2023 has streamlined processes, reducing delays and increasing transparency, making Goa a more business-friendly state. The IDC Connect Program has fostered direct engagement with industrialists through 26 sessions, addressing grievances and strengthening industry relations. Financial sustainability was achieved through 4 successful e-Auctions in FY 2022-24. The adoption of GIS-based land surveys using DGPS and LiDAR eliminated land mutation pendency, significantly improving transparency. Invest Goa 2024, in collaboration with key industry stakeholders, successfully positioned Goa as a premier investment destination. Goa-IDC also adopted Infrastructure advancements with the pioneering use of White Topping technology for industrial roads, ensuring durability and cost-effectiveness. Industry support initiatives like the COVID-19 Amnesty Scheme and the Goa-IDC Exit Support Scheme has provided crucial assistance for industries in transition. Additionally, Goa-IDC organised workshops on various critical topics such as construction clearances, the Online Network for Digital Commerce and the Industrial Park Rating System, which helped equip the industries with valuable knowledge and tools.
The Governance Now West Tech Symposium & Awards 2025 was held in Mumbai and celebrated trailblazers in governance and technology, highlighting leaders and organisations that are driving impactful change. Goa-IDC’s recognition at this platform reaffirms its role as a catalyst for industrial progress in the state.
