Prez To Inaugurate Bengal Global Business Summit 2017

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Kolkata: The President of India Pranab Mukherjee will inaugurate the two-day Bengal Global Business Summit (BGBS) on January 20, 2017, state Finance Minister Dr Amit Mitra confirmed. He said business delegations from Japan, Germany, United States of America, Canada, Italy and China would take part in the two-day meeting. It will be held at the Milan Mela ground.

In 2016, the Prime Minister of Bhutan, Tshering Togbe opened the two-day business meet on January 7 to 9 and the proposal for business was Rs 2.50 lakh crore. Bengal Chief Minister Mamata Banerjee had announced on the concluding day of the meet that in 2017, it would be held on January 20 and 21, 2017. The business proposals in 2017 are expected surpass those in previous years.

The chief minister’s relentless drive to bring investment to Bengal has been appreciated throughout the country. Many top businessmen have said Bengal was the right destination to invest in the country. The land bank and township policy announced by the state government have attracted businessmen who have shown interest to invest in the housing sector and set up townships. The state government has earmarked the area of the township which the promoters will have to buy through e-auction. The state government will set up infrastructure up to the boundary wall of the township.

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A big logistics hub is coming up at Baidyabati off Dankuni. A memorandum of understanding was signed between the state transport department and Calcutta Goods Transport Association to set up the logistic hub before 2016 BGBS. The association has submitted a DPR to the state transport department which is being studied.

Mamata Banerjee’s fruitful discussion with German and Italian members of the chambers of commerce of both the countries is likely to have its impact on BGBS where representatives of both the countries are likely to be present.

A delegation from Bengal led by Finance minister Amit Mitra had visited BMW factory in Germany and some top bosses of the German car giant may attend BGBS. A Chinese delegation will also attend the BGBS.

Talks are on with a cycle manufacturing company to set up its unit in Bengal. Bengal had opened the country’s first joint venture cycle manufacturing factory Sen Raleigh in Asansol.