Bhubaneswar, Jan 18: The Odisha Government signed eight MoUs with Singapore-based companies on Friday in key sectors such as green hydrogen, petrochemicals, the fintech ecosystem, semiconductors, and skill development.
The agreements were signed in presence of Singapore President Tharman Shanmugaratnam and Chief Minister Mohan Charan Majhi.
Majhi highlighted Odisha government’s vision for sustainable development and technological innovation to facilitate global investments and accelerate Odisha’s journey towards a developed state and becoming a hub for technology, education and renewable energy.
The Skill Development and Technical Education (SD&TE) department of the state government signed an agreement with ITE Education Services (ITEES), a subsidiary of Institute of Technical Education (ITE) under the Ministry of Education, Singapore.
President Tharman went around the state-of-the-art labs at WSC, interacted with students and instructors, and appreciated Odisha’s commitment for promoting innovation and technical excellence.
The MoU will be valid for a period of five years.
A tripartite agreement was signed between Nanyang Technological University (NTU), Singapore, GRIDCO Limited and IIT-Bhubaneswar for advance R&D in sustainable energy technologies.
Sembcorp Industries (Sembcorp) signed two non-binding MoUs with the state government in the presence of Singapore’s Minister for Transport and Second Minister for Finance Chee Hong Tat and the chief minister.
Similarly, Sembcorp Development Ltd signed an MoU with Idco to assess the potential for the development of an industrial park in the state.
The E&IT department inked a pact with Global Finance and Technology Network (GFTN), Singapore to establish a global competency centre (GCC) for InsureTech industry.
Surbana Jurong Infrastructure Pte Ltd also signed two separate MoUs with Idco and Bhubaneswar Development Authority (BDA) for strategic positioning and planning for Odisha Petro Chemical and Petroleum Investment Region (PCPIR) and new city development plan near the state capital, respectively. The activities will be rolled out over the next one year.
