Goa expects Rs.5,000-Rs.6,000 crore investment: Parrikar

Panaji, Aug 12 (IANS) Goa could expect nearly Rs.5,000-6,000 crore worth of investment with almost 90 companies expressing interest to invest in the state, Chief Minister Manohar Parrikar said Monday.

"The proposed investment could be to the tune of Rs.5,000 to Rs.6,000 crore," Parrikar told reporters after a day-long meeting between government officials and the industry stakeholders.

"The applicants would be screened and then selected," he said, further claiming that those industries keen to promote research would be given preference.

The Goa government is also expected to unveil its investment policy Wednesday.

The policy, Parrikar said, would promote industries which are not land intensive and not polluting.

"We had a lot of land locked up because of wrong SEZ allotments. We are now in the process of identifying plots of land which could be given to those who want to invest in setting up or expanding industries," he said.


Get stories like this on the Yahoo app and discover more every day.
Download it now.