UP’s mega Global Investors Summit begins today; PM to inaugurate

UP’s mega Global Investors Summit begins today; PM to inaugurate

The three-day Global Investors Summit, which aims to make Uttar Pradesh an investment hub, will begin in Lucknow on Friday. The meet will be inaugurated by Prime Minister Narendra Modi.

Besides the Prime Minister, several ministers of the Union and the state government and a host of leading industrialists will attend the event.

According to state government sources, Defence Minister Rajnath Singh, Uttar Pradesh Chief Minister Yogi Adityanath and State Industrial Development Minister Nand Gopal Gupta Nandi as well as industrialists Mukesh Ambani, K Chandrasekaran, Kumar Mangalam Birla and Anand Mahindra will address the inaugural session of the summit.

Union ministers including Rajnath Singh, Ashwini Vaishnav, G Kishan Reddy, R K Singh, Smriti Zubin Irani and Pashupati Kumar Paras, will attend different sessions on Friday, according to the statement.

More than 300 renowned industrialists are expected to participate in the meet which will have a total of 34 sessions in three days. Of these, 10 sessions will be on the first day, 13 on the second day and 11 sessions on the last day. Chief Minister Yogi Adityanath is expected to present his thoughts about the growing and transforming Uttar Pradesh.

Through the high-profile event, the state aims to attract investment proposals worth Rs 10 lakh crore, which they later increased to Rs 17 lakh crore and then to Rs 21 lakh crore.

As per government sources, proposals worth Rs 27 crore have already been received so far, which will mean two crore direct and indirect jobs in the state.

A Global Trade Show and launch of Invest UP 2.0. are also being held on the sidelines.

Preparation

The UP government has made a lot of preparations for the event. As a prelude, officials travelled to 16 countries, holding roadshows in 21 cities to invite participants to the meet. Meetings were held with officials from the Netherlands, Denmark, Singapore, Japan, South Korea, Australia, United Kingdom, United States, Germany, France, Argentine, Mexico, United Arab Emirates, and Mauritius seeking investment.

“Investors’ summits were held at divisional and district levels. Special roadshows were held in various parts of the country and in 21 cities in 16 countries across the globe to attract major investment,” said an official.

As for the venue, vacant land in Vrindavan Yojna located close to the Lucknow Airport and the district headquarters has been prepared for the event.

State-of-the-art hangers equipped with modern amenities have been erected in the 25,000 square meters area, officials said.

Along with partner countries including Singapore, Denmark, Japan, UAE, Australia and the UK, space has been allocated to different government departments and private companies to put up exhibitions there.

City decked up

The roads leading to the event have been spruced up. The roads are being repaired and expanded at various places on Shaheed Path, Sultanpur Road, Lohia path, and the road leading to Shaheed Path from Samtamulak crossing.

While a large number of painters have been deputed to paint the roadsides, an equal army of men have been tasked to prune trees, and ornamental plants along the entire stretch of the route leading to the venue, officials said.

The electricity department has been pressed to ensure proper lighting on the entire route.

Lucknow Police Commissionerate has deployed additional police and traffic personnel on the roads leading to the Vrindavan Yojna in a run-up to the event.

administrator

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *