The state has set a target to attract investment worth 10 lakh crore through Uttar Pradesh GIS 2023 event
The Uttar Pradesh government, led by Chief Minister Yogi Adityanath, is reviewing investments from 19 countries within the framework of the Uttar Pradesh Global Investor Summit (UPGIS 2023), with a focus on countries in the Middle East, especially the Gulf.
In this regard, government officials are in constant contact with potential investors in the Gulf countries, and Entrepreneurs from cities like Dubai and Abu Dhabi have even shown interest in six areas. of the UP in the early stages of the negotiations, according to an official statement.
According to information received from Invest UP, the areas that entrepreneurs from the Gulf investmentors are willing to invest in are our electricity (renewable energy), hospitals and medical education, clothing and textiles, agricultural products, and food. , footwear and infrastructure. agent for UPGIS 2023.
The Confederation of Indian Industrialists (CII) is negotiating on behalf of the Government of Uttar Pradesh with entrepreneurs from the Gulf States regarding investments in the state. It is worth noting that the State Government has set an investment target of Rs 10 lakh crore through the GIS 2023 event in Uttar Pradesh.
“Several business houses of the Gulf region have shown interest in investing in UP owing to the investor-friendly policies of the Yogi government, improved law and order situation and better transport facilities and availability of a large manpower,” the release expressed.