Jammu (NVI) : The first Jammu and Kashmir Global Investors Summit, proposed to be held next year, will be a mega event, with strategic sectoral sessions, round table deliberations, technical presentations, partnerships, one-to-one business meetings and signing of MoUs.
This was stated by Chief Secretary B V R Subrahmanyam today as he chaired the first meeting of the Apex Committee constituted for hosting the event.
The Apex Committee is responsible for the overall high level coordination necessary for the successful conduct of the Investment Summit.
At the meeting, a detailed presentation on the contours of the Summit was made by Principal Secretary, Industries & Commerce Department.
Jammu and Kashmir Trade Promotion Organization (JKTPO) is the nodal agency for conducting the summit.
Several Committees such as Empowered Committee, Hospitality Committee, Venue Management Committee, Traffic & Security Committee, transport Committee, Cultural Committee, City Beautification Committees, Media and Publicity Committee, Sight Seeing Committee, Exhibition Committee etc with specific role and responsibilities, headed by Administrative Secretaries, are also being constituted.
These Committees will be working in synergy for desired outcomes.
Lieutenant Governor G C Murmu will be presiding over various pre-event functions in coming weeks including an interactive session with potential Investors at New Delhi scheduled on January 8 to set the stage for the Summit.
Further, road-shows on the Summit are also being planned.
While underscoring the importance of the event for J&K, the Chief Secretary said it will provide the newly-formed Union Territory a platform to showcase its strengths, strategies and potential in the investment sector.
Participating trade and industry organizations will have an opportunity to know firsthand about the business-friendly policies of the government and identify business opportunities in Jammu and Kashmir.
The Chief Secretary said the Summit will kick start industrial development in J&K at par with other states and propel the UT as the preferred investment destination among the domestic and global investors.
“Investors Summit will provide an opportunity to allay fears and apprehensions from the minds of outside trade and business community about investment in J&K, ” he said.
The Summit will present immense opportunities to develop contacts between the local and outside business community and will provide not only primary employment but also generate secondary and ancillary employment opportunities for youth in J&K, the Chief Secretary said.