Memoranda of Understanding envisioning investment of thousands of crore rupees in Uttar Pradesh have been signed at the 'UP Investment Summit' held in Dubai recently, a senior official said here on Tuesday.
Infrastructure and Industrial Development special secretary Kanchan Verma said these deals include a Rs.18,000-crore MoU inked with the Bin Zayed Group for the Samajwadi Poorvanchal Expressway and a Rs.1,000 crore MoU with Alana Sons Pvt. Ltd. for a theme park.
Another MoU, for investment of $100 million (around Rs.665 crore), has been signed with the Sharaf Group and pertains to setting up a logistics park.
Other MoUs are for a cold chain and air freight station, and IT and skill development sectors.
Chief Minister Akhilesh Yadav said Uttar Pradesh has emerged as an attractive investment destination for people the world over due to his government's industry-friendly policies.
--IANS
md/tsb/vt
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app