US to setup business desk in Mohali to garner investments for Punjab

Chandigarh/May 29
US will soon setup an American business desk at Mohali to garner investments for Punjab and a nodal officer will be appointed from its embassy to facilitate their entrepreneurs who were keen to make investment in the state.
After a meeting with Punjab’s Chief Minister Prakash Singh Badal, US ambassador Nancy J Powell while replying to requests of investments for Medicity and Educity projects, assured major investments in these ventures by mobilizing the US based entrepreneurs and investors.
“US embassy will soon set up an American business desk at Mohali which will be manned the Mohali Industrialists Association to garner investments from US and a nodal officer would be appointed from its embassy to facilitate their entrepreneurs who were keen to make investment in Punjab. She also appreciated the efforts of the state government for establishing the prestigious Indian School of Business besides World Class infrastructure including expressways and the upcoming international airport at Mohali which would give a fillip to the bilateral trade thereby consolidating the state’s industrial economy.
Powell also lauded the steps initiated by state government and said that other states should also follow the suit to safeguard the rights of the women as done in the state.
Earlier, Punjab’s Chief Minister Parkash Singh Badal urged Nancy J Powell to make huge investments in the upcoming Medicity and Educity projects at New Chandigarh (Mullanpur).
“Both the projects are cleared by Punjab government and these projects will be developed as medical and education hub to provide the world class healthcare services and the state-of-the-art education facilities to the student right from kinder garden to university level to enable them to compete globally,” Badal said.
Badal said that his government’s resolves to ensure respect and modesty of women and girl children at all costs and to effectively combat the crimes against them in general and maintained their self-esteem by reposing confidence in the law and order machinery in particular.
Badal also urged Powell to ensure US support in pursuing their agriculture diversification program through making lucrative investments in the agro and food processing industry to give further impetus to the farming sector.