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HomeIndiaTeam Yogi's effort successful, MoUs worth Rs 18,590 crore signed with UAE

Team Yogi’s effort successful, MoUs worth Rs 18,590 crore signed with UAE

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new Delhi. Yogi government’s campaign to bring investors from all over the world to Uttar Pradesh is paying off. The letter of intent received by Yogi, the team that went on foreign tours, is being converted into MoU even before the Global Investors Summit to be held in February. Investment proposals worth Rs 18,590 crore received from the United Arab Emirates (UAE) alone seem to be getting off the ground. Team Yogi, led by MSME Minister Rakesh Sachan, went to UAE and met Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade. During this, 25 letters of intent worth Rs 21,622 crore were received in various programs held in UAE. Out of these, MoUs worth Rs 18,590 crore have been signed between 6 companies and the Uttar Pradesh government. With this, more than 20 thousand employment opportunities will be created in the state. And the process of signing MoUs with the remaining 19 companies is going on.

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Two companies will invest in renewable energy

Aastha Green Energy Venture and Shree Siddharth Infratech & Services will invest Rs 4480 and Rs 8000 crore respectively in the field of renewable energy. Both these companies have signed an MoU with the Uttar Pradesh government. With this, 2560 and 4800 new employment opportunities will be created.

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These companies will invest in Logistics Park

Sharaf Group and Hindustan Port will invest in the Logistics Park sector. These companies will invest Rs 1300 and Rs 210 crore respectively in the state. This will provide 1500 and 1000 jobs.

Cm Yogi

Lulu and Shobha in Retail and Education

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Lulu Group will invest Rs 4500 crore in retail and food processing. This will create 10000 employment opportunities. While Shobha Realty will invest Rs 100 crore in education and CSR. This will provide 250 employment opportunities.

Investment proposals worth more than Rs 7.12 lakh crore have been received

Eight teams of the Uttar Pradesh government, which are traveling to 16 countries ahead of the Global Investors Summit to be held in February, have so far received investment proposals worth more than Rs 7.12 lakh crore. The largest share of investment proposals worth Rs 4 lakh crore has been received from the United Kingdom (UK) and the United States of America (USA).

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