News Release Archive
PREMIER--PREMIER TO ADDRESS CANADIAN-SWEDISH BUSINESS COUNCIL ----------------------------------------------------------------- Premier John Savage will be the keynote speaker at this week's first annual meeting of the Canadian-Swedish Business Association, in Stockholm, Sweden. The premier will be promoting Nova Scotia as a good place for investment. He will stress the high quality of education, excellent transportation links and the province's highly motivated workforce. "This is an excellent opportunity to push the case for additional Swedish investment in Nova Scotia. The result will hopefully be more jobs for Nova Scotians as investment in this province grows," he said. Premier Savage will be holding meetings with senior executives of Stora Forest Industries. Stora is about to commence a $650 million expansion at its mill at Point Tupper. "Stora has demonstrated tremendous faith in Nova Scotia as a good place to invest. I hope to build on that strength." Nova Scotia's forest products industry is currently worth more than $1 billion annually. The industry directly employs 7,300. A meeting with executives of Volvo, the Swedish car manufacturer, is also on the premier's agenda. Volvo currently operates a car assembly plant in Halifax. "Our location on the east coast, our deep, year-round harbour, and quick access to the mid-western U.S. through the Sarnia tunnel gives Nova Scotia a competitive advantage. I want to capitalize on these factors," he said. On his way back to Nova Scotia, Premier Savage will be stopping off in Dusseldorf, Germany, for meetings with executives of the Bayer Corporation. Bayer is a partner in the plasma fractionation facility being built in Bedford by the Canadian Red Cross Fractionation Corporation. "Medical research is a major growth industry and much of it can be done right here in Nova Scotia. I'll be exploring this type of investment opportunity while in Sweden and Germany." Premier Savage is scheduled to be back in his office early next week. -30- Contact: Ann Graham Walker 902-424-6600 trp Apr. 15, 1996 - 11:00 a.m.