Thursday, June 30

Australian envoy promises investment in West Bengal

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West Bengal offers a business friendly atmosphere, said Rowan Ainsworth, Consul-General of Australia, Kolkata while addressing a session at the Merchants’ Chamber of Commerce and Industry (MCCI).

“The Bengal leaders have been re-changing their views to attract the businesses and industries and business is here in West Bengal if we are in the driver’s seat,” said the Australian Consul General. She said that Australia is ready to invest 100 million USD in a logistic hub in Bengal. Consul General of Australia in Kolkata felt Bengal can be an ideal place for Australian Investments.

While speaking on business opportunities in Bengal, she said that big industry players in Australia are looking forward to investing in Bengal. Australia wants to build business cooperation with Bengal in the two emerging sectors namely mining and logistic sectors, the Consul General said. Ainsworth informed the house that Australia expanded post-study work rights for STEM and ICT Students.

The chamber organised an interactive session on “India- Australia Economic & Cooperation Trade Agreement” on Monday where Sarah Storey, deputy head of Australian High Commission, New Delhi said that the Australian government has announced over Rs 1500 crore of new initiatives to build out ties between the two nations. “The two countries are ready to build comprehensive strategic partnership to set out the vision for the priority sectors,” said Storey.
The government of Australia is ready to support and commercialize the non-renewable energy sector in India. In the cooperation between these two nations, Centre of Excellence on Critical & Emerging Technology Policy has been established in Bengaluru, she added.

She also said that Australia wants to invest in critical minerals and both the governments would like to form a partnership in critical minerals research and investment.

Source: TimesofIndia

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