During his visit to Singapore, Chief Minister Yogi Adityanath received investment proposals worth ₹ 1 lakh crore, out of which MOUs worth ₹ 60 thousand crore were signed. With the preparation of MRO and cargo hub at Jewar Airport, UP is rapidly moving towards the 1 trillion dollar economy target.
Singapore/Lucknow. Chief Minister Yogi Adityanath, who is on Singapore tour with the aim of making Uttar Pradesh a 1 trillion dollar economy by the year 2029-30, said that Team UP has received investment proposals worth about ₹ 1 lakh crore in Singapore. Out of these, MoUs worth ₹ 60 thousand crores have been signed through ‘Invest UP’.
The Chief Minister expressed confidence that this investment will give a new impetus to the economy of the state and will prove to be a milestone in achieving the target of 1 trillion dollar economy. He said that today the whole world is in an era of transparency and investors are fully aware of the changes and development works taking place in Uttar Pradesh. This is the reason why such a huge investment has been attracted in a short time.
Rapid development in UP due to PM Modi’s vision, picture changed in 9 years
Talking to the media, the Chief Minister told that a large delegation is accompanying him on a visit to Singapore and Japan. After reaching Singapore, there were continuous meetings from 8:30 am till late night and the programs continued from early morning on the second day as well. He said that in the last 11 years under the leadership of Prime Minister Narendra Modi, India has made remarkable progress in every field. Taking this vision forward, Uttar Pradesh has made rapid development in infrastructure, logistics, service sector and public welfare schemes in the last eight and a half to nine years. Today the image of India and Uttar Pradesh has become positive at the global level.
Meeting with more than 100 top representatives, perception of investors changed
The Chief Minister said that in the last two days he met more than 100 representatives. Had meaningful talks with the President, Prime Minister, Deputy Prime Minister, Home Minister and Energy Minister of Singapore. Apart from this, discussions were also held with chairman and CEO of major fintech companies. Many companies are already investing in India and Uttar Pradesh. He said that some companies have already invested in the Ganga Expressway, which is being developed as the country’s largest expressway. CM Yogi said that there has been a 360 degree positive change in the thinking of investors regarding Uttar Pradesh.
Preparation of MRO and cargo hub at Jewar Noida International Airport
The Chief Minister said that the delegation also visited those modern centers of Singapore, where entry of the general public is limited. In particular, the possibilities of developing cargo facility and MRO (Maintenance, Repair and Overhauling) center with Noida International Airport at Jewar were studied.
He said that currently many aircraft from India and the world go to Singapore for their MRO operations. This facility can be developed in India, especially in Jewar. Investors have shown serious interest in this sector and are ready to move ahead with Uttar Pradesh.
From skilling model to employment zone: focus on employment generation
The Chief Minister said that the delegation also visited the World Class Skilling Center (ITE) of Singapore. He said that the process of developing ‘Iron Man Sardar Vallabhbhai Patel Employment Zone’ has been started in every district in Uttar Pradesh to change the scale to skilling and to link skilling with employment. Seeing Singapore’s model, the belief has been strengthened that employment-based development can be further accelerated in the state. He expressed hope that cooperation in this direction will continue further.
Appreciation of Team UP, thanks to the High Commissioner
The Chief Minister praised Finance Minister Suresh Kumar Khanna, Industries Minister Nand Gopal Gupta ‘Nandi’ and all the members and officials of the delegation, who are continuously playing an active role in the meetings. He expressed special thanks to the Indian High Commissioner and his team who effectively presented the potential of Uttar Pradesh in sectors such as trade, technology, tourism, logistics, infrastructure, data centres, semiconductor, MRO and skilling. The Chief Minister expressed confidence that the investment agreements signed in Singapore and the proposals received will rapidly move Uttar Pradesh towards the target of 1 trillion dollar economy.