Norway shows interest in investing in Punjab

Norway has shown keen interest in investing across various sectors in Punjab, while offering technical support to the state in its ambitious target to make agriculture self-sustainable and profitable.

The Norway's s ambassador to India, Nils Ragnar Kamsvag, today met Punjab Chief Minister Amarinder Singh here today, according to an official spokesperson.

While discussing investment opportunities in food processing, fishing, renewable energy, oil and gas, the ambassador said Norway was interested in harnessing the positive industrial environment promoted by the Amarinder government in the state.

The government had successfully infused the much-needed positivity among the industry, Amarinder told the visiting delegation, citing the recently unveiled new industrial policy as a sign of his government's intent to transform Punjab into the most favoured investment destination.

The envoy expressed interest in fortifying the centuries-old India-Norway association in order to complement each other's overall progress. Amarinder said Punjab and Norway could further explore various avenues, especially the Agriculture sector, as both nations had vast experience in the field.

Highlighting the various pro-farmer initiatives being taken by his government to make farming profitable again, Amarinder shared with the envoy the details of the pilot project involving installation of 900 farm tubewells in six villages to promote ground water conservation.