SUNDAY, 1 NOVEMBER 2026
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Nine MoUs worth Rs 8,600 cr could generate over 5,000 jobs: CM

Says total investment potential exceeds Rs 10,000 cr

Nine MoUs worth Rs 8,600 cr could generate over 5,000 jobs: CM The three-day Vibrant Goa Global Business Summit 2026 concluded on Saturday with a valedictory ceremony at the Dr Shyama Prasad Mukherjee Indoor Stadium.

PANAJI 


Chief Minister Pramod Sawant said the third edition of Vibrant Goa Global Business Summit 2026 had strengthened Goa's position as an emerging investment destination. 

Sawant said, “The Goa Investment Promotion Board has signed 9 MoUs during the summit, representing an investment potential of Rs 8,600 crore and the possibility of generating over 5,000 employment opportunities in sectors such as AI, data centres, hospitality, education, healthcare, sports infrastructure, energy and logistics. 

"With additional proposals in the pipeline, the total investment potential exceeds Rs 10,000 crore. More than 250 projects have already been approved by the Investment Promotion Board, reflecting the growing interest of investors in Goa,” Sawant said.

The three-day Vibrant Goa Global Business Summit 2026 concluded on Saturday with its valedictory ceremony at the Dr Shyama Prasad Mukherjee Indoor Stadium. The international summit saw participation from delegates and representatives of over 52 countries, with discussions and business engagements covering sectors such as artificial intelligence, data centres, manufacturing, tourism, education, healthcare, energy and infrastructure.

The summit featured a series of business sessions, knowledge discussions, country-focused interactions and B2B meetings. The programme included sessions on investment opportunities, youth entrepreneurship, women’s leadership, sustainability, media, healthcare, solar energy and MSME growth. The India-Africa Business Conclave, maritime reforms discussions and country-focused sessions involving Japan, the UAE, Bahrain and other countries provided further opportunities for international business engagement.

The final day featured a Leadership Summit by COGGE, an education roundtable under EduNet, a session on MSME skill development, an AI and Data Roundtable, and B2B meetings, followed by the valedictory ceremony. The exhibition also provided businesses and entrepreneurs with an opportunity to showcase their products, services and capabilities to investors and delegates.

Speaking about the government's plans to strengthen local businesses and expand investment opportunities, Sawant said, “Our focus is to ensure that investments translate into projects, employment and opportunities for the people of Goa. Through the RAMP initiative, Reverse Buyer Seller Meet and Mukhyamantri Export Initiation Scheme, we are helping MSMEs access national and international markets. We aim to create 500 MSME Export Champions by 2037. I invite investors to explore opportunities in Goa's hinterland and in sectors such as AI, data centres, defence technology and electronics manufacturing. My government will extend full support through responsive governance and industry-friendly policies as we work towards a prosperous Goa by 2037 and Viksit Bharat 2047.”

Sharing his views at the valedictory ceremony, former Indian cricket captain Kapil Dev spoke about Goa's potential in sports infrastructure and investment. He said, “Goa has tremendous potential to become a leading destination for sports infrastructure and investment. I appreciate the efforts of Chief Minister Pramod Sawant and his team in creating a positive investment environment and changing people's mindset. With the right infrastructure and commitment from local people, Goa can emerge as one of the leading economic destinations in the country.”

The valedictory ceremony also featured the unveiling of the 1983 World Cup Opus by Kapil Dev and Chief Minister Pramod Sawant, followed by the launch of the Incredible Goa 2026 edition book. Sawant felicitated exhibitors and stall holders for their participation and contribution to the summit. 

The valedictory ceremony was attended by Union Minister of State for Power Shripad Naik, Union Minister of State for Defence Sanjay Seth, Goa Industries Minister Mauvin Godinho,  MLA Dr Deviya Rane, Chairman of Vibrant Goa Rajkumar Kamat, Vice President of Vibrant Goa Manoj Patil, Founder of SARC Sunil Kumar Gupta, and along with other dignitaries, industry leaders and business representatives.

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Passport Seva Kendra shifts from Panaji to Pilerne from Nov 2

The Goan Network
Published Nov 1, 2026, 12:02 AM IST
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PANAJIThe Passport Seva Kendra (PSK) in Panaji will shift to new premises at Pilerne, Bardez from November 2, with applicants scheduled for appointments from that date required to report to the new location.As per the information revealed, the PSK, currently functioning from Passport Bhavan at the EDC Complex, Patto Plaza, Panaji, will now operate from Royal City of Joy, near Audit Bhawan, Pilerne, Bardez.The Regional Passport Office (RPO), Goa, said the relocation of the…

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