Punjab constitute 'High Powered Investment Committee' to boost foreign investment

HPIC would act as Joint committee of NRI Affairs Department and Invest Punjab: Rana Sodhi
Punjab constitute 'High Powered Investment Committee' to boost foreign investment
Punjab constitute 'High Powered Investment Committee' to boost foreign investment
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Chandigarh, January 12: Punjab Government has constituted a'Punjab High Powered Investment Committee' (HPIC) to encourage NRIs forinvesting in the state. The decision to form the committee was taken during ameeting presided over by NRI Affairs Minister Rana Gurmit Singh Sodhi. 

Disclosing this here today, Rana Sodhi said that it wasdecided after the Chief Minister Capt. Amarinder Singh has suggested toconstitute a committee to persuade NRIs for investing in the industrial andother sectors in the state and to facilitate investment process for them. 

NRI Affairs Minister Rana Sodhi said that prominent NRIsresiding in different countries were demanding that the state government shouldset up a state level forum or committee for investment in the state, whichcould act as a link between the both government and NRIs. He said that thiscommittee would work as a joint committee between the NRI Affairs Departmentand the Invest Punjab. 

Mr. Rana Sodhi said that the Additional Chief Secretary, NRIAffairs Mr. Kirpa Shankar Saroj would be the Chairman of the Committee, whileCEO Invest Punjab Mr. Rajat Agarwal will be the Vice Chairman and SpecialSecretary, NRI Affairs Mr. D.P.S. Kharbanda would be the Member Secretary ofthe HPIC. The members of the committee included; Additional CEO Invest Punjab,Joint Director (IT) Invest Punjab Mr. Deepinder Singh Dhillon, Honorary Coordinator(UK) Mr. Manjit Singh Nijhar, Honorary Coordinator (Australia) Mr. KaranRandhawa, Honorary Coordinator (USA) Mrs. Meena Dhesi Sangera and Mr. HarneekSingh (UAE). Similarly, the coordinators of other countries would be theex-officio members of HPIC. 

The Minister said that these honorary coordinators wouldmotivate more and more NRIs/companies from their respective countries to investin the state of Punjab and to coordinate with the Invest Punjab team andvarious departments to continuously work for encouraging investment.

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