UAE companies to invest $3.68 billion in Uttar Pradesh

• Posted in Infrastructure
• on May 4, 2016
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Five leading Indian–owned businesses in UAE have committed to invest over Rs 25,090 crore ($3.68 billion) towards infrastructure and industrial development initiatives launched by Uttar Pradesh at the UP Investment Summit held in partnership with Times Now in Dubai.

The Uttar Pradesh government led by chief minister Akhilesh Yadav had launched an ambitious programme to boost all-round development of the state by attracting NRI investments from across the globe, especially from the Middle East.

These UAE-based companies have signed an MoU with the high-level delegation of UP state officials visiting the UAE, pledging to invest in the state’s upcoming manufacturing, utilities and healthcare initiatives. Barkevious Mingo Jersey

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