Managing Director of Singapore’s AP Moller Maersk met Chief Minister Yogi Adityanath in Lucknow. Investment expansion, logistics infrastructure, business environment and employment generation in Uttar Pradesh were discussed in detail in the meeting.
Lucknow. The efforts of the state government towards establishing Uttar Pradesh strongly on the global investment map are continuously getting support from foreign investors. In this sequence, Rein Peel Pedersen, Managing Director of Singapore’s leading integrated container logistics company AP Moller Maersk, paid a courtesy call on Chief Minister Yogi Adityanath in Lucknow on Monday. During this, there was a detailed discussion regarding investment expansion in the state. Vivek Sharma, Head Business Development and Regulatory Affairs (India, Bangladesh and Sri Lanka) was also present in the meeting.
Discussion on favorable environment for investment and strong infrastructure
During the meeting, the vast investment potential in Uttar Pradesh, favorable business environment for industries and investment promotion policies of the state government were discussed in detail. Chief Minister Yogi Adityanath said that Uttar Pradesh is today among the fastest developing states of the country. A safe, stable and transparent environment has been provided here for investors.
Convenience to investors with single window system and quick approvals
The Chief Minister said that the government is supporting investors at every level through single window system, quick approvals, policy based incentives and strong law and order. He said that the state’s strong expressway network, logistics hub, industrial corridors and modern infrastructure are making Uttar Pradesh an attractive destination for investment.
AP Moller Maersk invited to expand investment
While inviting AP Moller Maersk to expand its investment in Uttar Pradesh, Chief Minister Yogi Adityanath said that the state government will ensure necessary land, better connectivity and full policy support, so that the company can expand its business smoothly.
Maersk shares positive experience of investment in UP
On this occasion, Vivek Sharma said that there was a very positive and meaningful discussion regarding investment prospects and business environment in Uttar Pradesh. He informed that AP Moller Maersk has been investing in Uttar Pradesh for more than 20 years. The company has had positive experiences in expanding its business due to the state’s better law and order, corruption-free environment and support from the government. He expressed his desire to explore new investment opportunities in the state in future also.
Investment in logistics sector will boost employment and industrial activities.
It is noteworthy that A.P. Moller Maersk is a global company in the field of shipping, ports, water transportation and inland logistics. Its potential investment will strengthen the logistics ecosystem of Uttar Pradesh, accelerate industrial activities and increase the possibilities of employment generation on a large scale. This initiative will also contribute significantly in realizing the goal of a developed India.