CSR News India

GIS-23: Yogi Govt inks MoUs worth Rs 18,590 cr with 6 UAE-based cos

Yogi Govt

Yogi Govt inks MoUs with 6 UAE-based cos

Yogi Govt – The state government of Uttar Pradesh signed MoUs worth Rs 18,590 crore with six companies from the United Arab Emirates (UAE) in advance of the Global Investors Summit, which will be held in Lucknow next month. This is a significant accomplishment for state chief minister Yogi Adityanath.

The UAE’s Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, was met by a group headed by MSME Minister Rakesh Sachan. 25 letters of intent worth Rs 21,622 crore were received at various UAE events. Six enterprises and the state of Uttar Pradesh have signed MoUs totaling Rs 18,590 crore as a result.

Officials in this city announced on Monday that this will lead to the establishment of more than 20,000 new employment possibilities.

In the sector of renewable energy, Astha Green Energy Venture and Shree Siddharth Infratech & Services will each invest Rs. 4480 and Rs. 8000 crore, respectively, creating 2560 and 4800 new employment.

Yogi Govt

Hindustan Port and Sharaf Group would make investments in the Logistics Park industry. These businesses will contribute 1500 and 1000 jobs, respectively, and invest 1300 and 210 crore rupees in the state.

10000 employment will be created by Lulu Group’s Rs 4500 crore investment in the retail and food processing industries. While Sobha Realty will contribute Rs 100 crore to CSR and education. 250 people will be employed as a result of this.

Eight teams from the Uttar Pradesh government toured 16 countries in advance of the Global Investors Summit, where they received investment proposals worth more than Rs 7.12 lakh crore. The United Kingdom (UK) and the United States of America have submitted the majority of investment bids totaling Rs. 4 lakh crore (USA).