BENGAL GLOBAL BUSINESS SUMMIT 2018 PRESS RELEASE

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1 BENGAL GLOBAL BUSINESS SUMMIT 2018 PRESS RELEASE The furth editin f Bengal Glbal Business Summit 2018 was held n 16 th and 17 th Jan 2018 at the newly cnstructed state f the art, Biswa Bangla Internatinal Cnventin Center lcated in the intelligent city Newtwn, Klkata. The frward lking plicy regime, transfrmative refrms in ease f ding business and facilitative entrepreneurial envirnment in Bengal has been the driver in attracting the attentin f investrs frm India and acrss the Wrld t Bengal. Advancing frward frm the theme f Cme t Bengal and Ride the Grwth, this year the underlying theme has been Bengal Means Business. Japan, Italy, Pland, Germany, Republic f Krea, Czech Republic, Great Britain, France and United Arab Emirates were partner cuntries in this year s Summit. The perceptinal change abut Bengal was visible frm participatin f delegates frm India and abrad wh expressed their business interests in Bengal. 350 Internatinal delegatins frm 32 cuntries participated in this year s summit. Deputy Freign Minister frm Pland, Vice Gvernr frm Jianghsu prvince f China and Vice Gvernr frm Jellanam-d Prvince f Republic f Krea, fficials f NRW Regin, Germany, DG f JETRO graced the Summit with business delegates frm their cuntries. Amng the big ticket MUs are the fllwing: MU n Mining, Pwer and several ther sectrs signed between Gvernment f West Bengal (Department f Pwer & NES) and Gvernment f Pland (Silesian Regin) Department f Pwer & NES and GIZ (Germany) twards an Energy Actin Plan fr West Bengal Jadavpur University signed 3 MUs fr cllabratin in varius fields with Exeter University, Edinburgh University and Etvs Lrand University Presidency University with Edinburgh University in the area f Higher Educatin& Life Sciences West Bengal Industrial Develpment Crpratin with Natinal Institute f Design fr setting up State Design Center in Klkata t pen new frntiers in cutting edge technlgies Amng the B2G exchanges t name a few: Department f IT & Electrnics with DQ Entertainment fr Animatin Academy, with S.A.P. n Blckchain technlgy fr Land Ledger, with Fujisft fr reskilling yuth in the field f clud cmputing, ubiquitus cmputing and emerging technlgies Triburg, Impulse & SQNS Internatinal t set up apparel buying hub in Paridhan Garment Park 1/2

2 Ntable Multi-Natinal Cmpanies including Dassault, Aramc, Dubai Multi Cmmdities Center, Samsung, Pepsi C, Cvestr, Chemixil expressed their business interests in Bengal. Amngst the India based firms, Reliance, Future Retail, Jaipuria Grup, Adani Grup, JSW Grup, Hiranandani Grup, Ktak Grup, Spicejet Grup and many mre participated in the Summit and expressed their investment intentins. The summit saw a culminatin f an integrated effrt n the part f all departments f the Gvernment f West Bengal, Chambers f Cmmerce and their internatinal ffices and the Cnsular Crps f cuntries resulting in a ttal f 110 MUs and expressins f interest twards investment prpsals f Rs.2,19,925Crre. A brief abstract is given belw. Sectr Prpsed Investments (In Crres INR) Manufacturing & Infrastructure 1,56,811 MSME & Textiles 52,952 Hspitality & Turism 1,483 IT & ITES 1,146 ARD, Fd Prcessing, Fisheries & Agribusiness 1,518 Health, Educatin & Skill Develpment 6,015 Ttal 2,19,925 New plicies t prvide an enabling framewrk fr encuraging industry and emplyment were unveiled: Lgistics Park Develpment and Prmtin Plicy Exprt Prmtin Plicy RO RO Operatin Prmtin Plicy A significant utcme f the summit was in increasing emplyment pprtunities fr the yuth in the State. Dassault Systems signed ff with Indian Chamber f Cmmerce fr setting up a Design Centre. Apparel Exprt Prmtin Cuncil annunced the setting up f a Skill Develpment Center in their Salt Lake campus. Uber and Ola signed ff with Transprt Department f the State t increase emplyment pprtunities fr the yuth. In additin, huge emplyment grwth will ccur with the large investments that will fructify as a result f the 2018 BGBS B2B meetings and 40 B2G meetings tk place during the tw day event, attended by reputable firms frm varius sectrs based ut f India and abrad. At the time f cncluding plenary B2B meetings were still nging. 2/2

3 BGBS 2018 : Indicative list f MUs and Annuncements 110 MUs have been signed between G2G, B2G and B2B in this Summit Significant Institutinal MUs: MU n Mining, Pwer and several ther sectrs signed between Gvernment f West Bengal (Department f Pwer & NES) and Gvernment f Pland (Silesian Regin) MU between Department f Pwer & NES and GIZ (Germany) regarding an Energy Plan and Energy Actin Plan fr West Bengal MU between Dassault Systems and Engineering Exprt Prmtin Cuncil (EEPC), Calcutta Leather Cmplex (CLC) and Gems & Jewellery Federatin (GJF) fr design supprt in their respective Design Centers MU between Dassault Systems and ICC fr prviding design supprt in varius sectrs f Bengal WBIDC t cllabrate with Natinal Institute f Design fr starting a State Design Centre in Klkata NX Technlgies (Republic f Krea) and West Bengal Husing Infrastructure Develpment (WBHIDCO) twards cperatin in the area f energy efficiency technlgies MU between Jadavpur University in varius fields with Exeter University, Edinburgh University Etvs Lrand University MU between Presidency University and Edinburgh University Triburg, Impulse & SQNS Internatinal t set up apparel buying hub in Paridhan Garment Park f WBIDC MU signed between WBTIDCL and Uber and Ola regarding rad transprtatin & emplyment generatin i/iv

4 Other MUs & Annuncements: Transprt Suman Frwarding Agency, Tirupati Vessels Pvt Ltd fr Operatinalizing RO-RO services n BOO mdel Pwer MU between WBSEDCL and REC ( Rural Electrificatin Crpratin) regarding financing future capital infrastructure prjects f WBSEDCL IT, ITeS & Start Ups MU between Department f IT & Electrnics and DQ Entertainment regarding Webel Animatin Academy Zmcar fr Intrductin f Bicycle Sharing Scheme in New Twn, Klkata ii/iv

5 Infrastructure Urban Develpment MU between New Twn Klkata Develpment Authrity (NKDA) and Institute fr Future Cities, University f Strathcylde fr cperatin n Jint Actin n urban issues, exchange f data and expertise MU between SJDA and Pristine Hindustan Infrastructure Pvt. Ltd. fr Inland Cntainer Dept & Private Freight Terminal at Siliguri Transprt Department MU signed between Bengal Aertrplis Prject Limited and Hiranandani Grup fr setting up f MMLP ITC Frtune Htels fr setting up a business htel within Aertrplis MU between Pattn grup and Embassy Inc, Singapre fr Lgistics Park Agriculture, Fd Prcessing & Agri Marketing Agricultural Marketing Department 5 MUs signed between Dept f Agricultural Marketing and The Kawasaki Rikus Transprtatin C. Ltd. fr setting up f 5 temperature cntrlled warehuses at Phansidewa Krishak Bazar near Siliguri, Dhupgiri Krishak Bazar, Belacba Krishak Bazar 28 MUs signed by Department f Fd Prcessing Industries and Hrticulture, West Bengal 19 MUs signed by Department f Fisheries, West Bengal 30 MUs signed by Animal Resurce Develpment Department, West Bengal iii/iv

6 PaschimBanga Sciety fr Skill Develpment (PBSSD) & TET PBSSD signs MUs with 3 Sectr Skill Cuncils Dmestic Wrkers, Beauty & Wellness and Telecmmunicatin MU between PBSSD and SAS Pwer Industries FZE TET&SD signs MU with Specialty Restaurants and Samsung MU between Edugreen Eduatin & Services and Buurtzrg Netherland New Plicies unveiled in BGBS 2018 Lgistics Park Develpment and Prmtin Plicy Exprt Prmtin Plicy RO RO Operatin Prmtin Plicy ****************************** iv/iv

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