U’khand govt signs MoUs worth ₹4,800 cr

  • | Thursday | 28th September, 2023

Dehradun: The Uttarakhand government team led by CM Dhami signed Memorandums of Understanding (MoUs) worth Rs 4,800 crore on the second day of their four-day visit to England to promote the upcoming Investors Summit.The first MoU, worth Rs 3,800 crore, was signed with Kayan Jet, a St Kitts and Nevis-based boutique airport service provider. The second MoU, worth Rs 1,000 crore, was signed with Usha Breco, which builds, operates and maintains ropeways across India.Kayan Jet committed to investing Rs 2,100 crore in the development of a skiing resort in the state, in addition to Rs 1,700 crore for a cable car project. The firm has agreed to develop skiing resort projects in Auli, Dayara Bugyal and Munsyari. Meanwhile, Usha Breco has agreed to develop the ropeway in Haridwar and other districts. Around 80 business houses from the education, tourism, IT and health sectors of UK participated in a promotional event in London on Wednesday. Inviting the audience to visit the Investors Summit in December, Dhami said, Uttarakhand holds immense potential in diverse areas such as wellness tourism and village tourism. Rishikesh is globally recognised as the global capital of yoga and spirituality. Every year, a large number of tourists from Europe and other countries visit Uttarakhand for yoga and spirituality."Meanwhile, the delegation also visited India House and Parliament House. During the visit to India House, the delegation held detailed discussions with representatives of major companies associated with the tour and travel sector in London.We also published the following articles recentlyUkhand inks Rs 2,000 crore MoU with French co for ropewaysThe Uttarakhand government has signed a Memorandum of Understanding (MoU) with French company Poma Group, worth Rs 2,000 crore, for technical support in ropeway construction projects. The collaboration aims to promote eco-friendly tourism in Uttarakhand. Chief Minister Pushkar Singh Dhami, during his visit to England, highlighted the states potential in real estate and emphasized the importance of investments in biotechnology and pharmaceuticals. He also met with actress Kriti Sanon and writer Kanika Dhillon, who are shooting a film in Uttarakhand, to express gratitude for the governments support.There is immense potential in our states real estate market: CM Dhami in London at Global Investors SummitUttarakhand Chief Minister Pushkar Singh Dhami spoke at the Uttarakhand Global Investors Summit in London, highlighting the potential in the states real estate market and the governments plans to build two new cities. He also emphasized Uttarakhands achievements in technology, innovation, and healthcare, and the economic relations between India and Britain. Dhami drew parallels between the River Thames and River Ganga and discussed opportunities for knowledge exchange and investment. During the visit, the Uttarakhand government signed Memorandums of Understanding with POMA ropeways and Usha Breco Limited for investments in the state.State govt signs five MoUs for investment of 1,095 croreThe Gujarat government has signed five MoUs with companies pledging an investment of Rs 1,095 crore, creating 1,230 job opportunities. These MoUs span across various sectors including packaging material production, plastics, textiles, formulations and API, and food processing. Since July, the state has secured investments worth Rs 13,536 crore, with 50,717 new jobs expected to be created. The proactive approach of the government has made Gujarat an attractive destination for both domestic and overseas companies. Similar investment initiatives have also been undertaken by the Uttarakhand and Karnataka governments.

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