The new NDA govt in Bihar which has just come into power, a year ago have initiated development process. They have very tough task for ameliorating & changing rotten systems, mending Law & order situation, paying attention into infrastructure development (Road, electricity, Transportation) & developing education system which are the key factor for the development of the state.
Following are the efforts made by govt in around one year

1.    Law & order situation improved: the first & foremost condition of NRIs and industrialists for Non -committal to investment in the state is worst law & order situation. They don't want to invest because local goondas, hooligans demand "firouti" from the businessman. The most vital part was, they all were running their business under local politicians.  This govt have taken strict action on these activities and the situation is improved, crime rate has decreased, and people in Patna started moving on the roads in the late nights with their family & friends.  In other parts of Bihar also, Law and order has gradually improved. This is also to be noted that miscreants and goondas are now smashed in the public. This is also one major change which has been witnessed in this new regime.

2.    Infrastructure development: the state govt has given much attention on improving road condition and electricity. If you visit Bihar, everywhere construction works has started. The connection links between Patna and North Bihar through Muzaffarpur & Hajipur has been given more attention. The govt has decided to start work on four lane road between Patna and Muzaffarpur which is the National Highway. The construction works has been started on the flood affected areas between Sitamarhi and Muzaffarpur by constructing long bridges and good roads. This is to be noted that Muzaffarpur, Hajipur can be best destination for investment in tourism, education and Sugar and also IT because of the good connectivity with the state capital. Sitamarhi, the boarder dist of Nepal can be best destination for tourist for Hindu goddess "Sita". Darbhanga, Motihari, Bhojpur, sonepur May also become favorable destination for investors in the field of  Food processing unit, fruit exports and also the pharmaceutical industry because of its connectivity by good roads and distance from state capital .
      All Buddhist circuit places have been already connected by good
     Roads where Japan. China & Singapore etc countries are investing on the
     improving road condition and other infrastructure development. And many
     more Buddhist countries are interested for infrastructure development of
      this part of Bihar particularly in Hotel industry, roads and  power etc.
      It seems, within 2-3 yrs, all parts of Bihar will connected by good roads.

3.     Educational development: This govt has vision for improving education system of Bihar right from Primary education to higher level education. Recently implementation of common school system (first time in India), appointment of 50,000 teachers in govt primary schools , establishment of extension center of  BIT Mesra at Patna ,establishment of National Law school (in the name of Chanakya) at patna, new strict order for professors in colleges for improving standards of education are some of the major steps taken by govt.  The establishment of New IIT and re-opening of
Nalanda University is also one of the major decisions taken by govt in Bihar. Many countries such as Japan, Singapore, Indonesia & china are ready to play major role in reviving this ancient sheet of learning at Nalanda. Many engineering colleges, Medical colleges and Management colleges are going to be opened in which private sector is playing major role. There is huge demand for the investment in Bihar in opening engg & medical colleges, Management and Hotel management colleges. R&D institutes, IT Design and training centers in Bihar.

4.    Investment Initiatives: Bihar govt has approved investment proposals of around Rs. 25000 crore in last one year.  Around Rs 4,600 crore has been invested for opening new sugar factories and the revival of the closed ones. This is the major Breakthrough in the industry of Bihar. All the closed Nine sugar factories has been re opened and many private companies has come forward for establishing sugar industries in Bihar. The Bihar Foundation has been established by the govt under DY CM of Bihar. This is an agency to be put in place by the government             soon, will coordinate efforts to bring in investments from outside the state             and link them to local enterprises. The Deputy Chief Minister, who visited Britain, Italy and Canada to market Bihar as a favorable investment destination, has proposed to set up an NRI cell in the State Government to facilitate investments.

Investment Possibilities & Ground Realities:
in the 1990's , then chief Minister Lalu Prasad visited to England, United States, Singapore, among others, ostensibly to invite investment in the state. NRI meet also was organized by the state govt. All attempts were unfruitful because of the basic thing as mentioned above which govt had never paid attention to improve in the state.
The present govt also felt the same thing and started working on creating work environment in the state. As initiatives Hon'ble DyCM of Bihar visited many countries to give impression that they are committed to the development of the Bihar and more than this, he popularized that Bihar is now means Business. This was good sign for investors. Sri NK Singh became the brand ambassador of Bihar in US /UK & other European countries to convince investors that Bihar govt is now seriously thinking to invite investors in the state by doing some work, providing basic infrastructure, law & order etc. Bihar Govt with its ambassadors have tried to convey their message that the state Govt is Very keen on the investment in fields of tourism, sugar Industries, other agro based industries, education, IT and health. These are the areas where Bihar has enough potential. As a result some companies including Tata, Mahindra has already showed their interest and decided to invest in the state.
Organizing global Bihar meet is the one of the major decisions taken by state govt which is unique in its significance. Bihar Govt in association with Bihar Times and Institute of Human Development, New Delhi and also in active coordination with overseas coordinator, are trying to prepare ground for NRIs/NRBs and Industrialist where they can altogether discuss on the issue of development of the state.
Though organizers and coordinators do feel that nos of participation in this first global meet are not so satisfactory in terms of no of industrialists & CEOs from abroad because many of them are employee of different companies, many of them have not planned for the investment in Bihar, many of them are going with their futuristic approach and they will decide after seeing the changes made by Bihar govt in view of investment in the state.
At one glance, if they get satisfied, they will be thinking later to invest in Bihar.
Many NRIs is of the views that Bihar has to improve a lot but certainly this meet will help investors to think about possible investment in the state.
In the global meet, the govt is expecting investment particularly from health, IT & Tourism section

Organizers, govt and overseas coordinators have already decided to popularize and convey message to all that" it is not an investment conference". The missions of the conf   are to

(1)    Improve Bihar Image
(2)     Communicate Opportunities in Bihar
(3)     Convince participants to take the roll of Ambassador of Bihar

All the three factors are very important for Bihar. Bihar has got very bad name in spite of the fact that state has immense opportunities place/sectors to sell its brand.

The Bihar govt has to work hard & show that they really want to improve things which are very much needed for the investment in the state. Mean to say that govt has to work more in the direction of creating work environment in the state, luring business man, easing their rules for investment, improving law & order, improving Roads & electricity condition of the state on which they already started work.
Convincing on this mission of the conference, Sri Ajay Kumar, CEO, Bihar Times, along with the Institute of Human Development, Delhi, agrees that this conference will facilitate to bring prospective investors across the world and the Bihar Government on a common platform in connection with the conclave.
As far as investment in the state through this meet is concerned, we can not deny some investment by IT companies, Educational trusts and societies, investors in Tourism and hotel Industries along with agro based industries in Bihar.
Many organizations including BiharBrains (www.biharbrains), bajana (www.bajana.org), IABJ, Dubai will ready to present model to Bihar in the field of education.
As the reports available, NRIs from UK will be interested in investing Health sector whereas many NRIs from US and other European countries will be interested in investing IT & Tourism sector particularly in hotel industry in the Buddhist circuit of Bihar.  
Global meet do expect more participation from CEOs of India based companies who are also vital part of this meet. Locally, many companies including TATA, Mahindra, Ranbaxy and other IT players are sending their representatives to give their signals for the investment in the areas of pharmaceuticals, IT, Power and hotel industries .

Many govt officials will be sitting in the conference hall for any kind of help to the investors & they may approve instant projects in Bihar after discussion.

In this global meet, The Govt may decide to  
1.    Form special economic zone (SEZ) for Bihar.
2.    Separate ministry for NRBs on the pattern of the Punjab, Gujarat, Goa and Kerala governments etc.
3.    direct investment through Bihar Foundation trust(www.biharparishad.org ) established by Bihar govt which will be under DY CM of Bihar

These decisions will be helpful for the investors. NRIs now can directly take help from Bihar foundation trust for the investment in state.
 As far as big investment in state through this global meet is concerned, that process has already started and will depend upon the commitment made by the govt in meet. In fact Govt has to sell itself in front of investors. Govt has to assure them for their full security and environment in the state.
Certainly this Global meet will be historic in view of uniting people from Industry of origin of Bihar to discuss on the development perspectives of the state and starting new ventor with major players and attendees of the global meet.
More than this they all will vow to work for building Bihar, a developed state in Indian union.