UP team on world tour for investors summit
Uttar Pradesh Global Investors Summit to be held next year in February, a delegation of state minister and officials is on a visit to many countries to attract foreign investors.
Noida: Ahead of the Uttar Pradesh Global Investors Summit to be held next year in February, a delegation of state minister and officials is on a visit to many countries to attract foreign investors.
Cabinet Minister Swatantra Dev Singh, Noida-Greater Noida CEO Ritu Maheshwari, Yamuna Expressway Industrial Development Authority (YEIDA) CEO Arun Vir Singh, are on a tour to many countries including Australia, Singapore in a bid to the investors.
Three Japanese companies will invest Rs17,500 crore in the YEIDA area. YEIDA during roadshows in Japan signed a Memorandum of Understanding (MoU) with several companies for investment. A big company has expressed its willingness to invest up to Rs 20,000 crore in Medical Device Park.
While some companies can invest up to Rs 10,000 crore in data centres. Agreements will be made on all these proposals in one to two days. With the investment of foreign companies, there will be a strong possibility of providing employment to about 60,000 people in the state including Gautam Budh Nagar.
Takeshi Ando of Nissenken Quality Evaluation Center has signed an MoU with Tokyo Laborties for setting up a Quality and Evaluation Center in Textile and Apparel Park on about 100 acres of land in YEIDA area. This project will provide employment to about 10,000 people under the Yamuna Authority. SLG Capital Singapore will invest around Rs 8000 crore in Noida, Greater Noida.
