Himachal Chief Minister Jai Ram Thakur on Tuesday held a meeting with Secretary General of Ministry of Economy, United Arab Emirate (UAE) Jamal Al Jarwan at Dubai.
A press statement issued here said the Chief Minister apprised the Secretary General regarding immense investment potential available in the State in various sectors like food processing, logistics, tourism and power etc.
The UAE official said that UAE was looking at India for investment in food processing, logistics and infrastructure. He appreciated that currently India and UAE are doing 60 billion dollar trade and the UAE Government was endeavouring to make it to 100 billion dollars.
He also confirmed that UAE would participate in Global Investors Meet being held at Dharamshala in Himachal Pradesh.
Chief Minister also met Chief Executive Officer Jafza and DP World Mohammed Al Muallem who said that his group was seriously looking forward to invest in Himachal Pradesh particularly in the areas of logistics and transportation besides export and import of agriculture and horticulture produce.
Several MoUs were signed in the presence of the Chief Minister between State Government and different entrepreneurs. MoU was signed with MKS Group for investment in naturopathy resort worth Rs. 100 crore and affordable housing worth Rs. 150 crore.
Another MoU was signed between Himachal Government and UAE India Business Council for highlighting investment opportunities in the State and facilitating UAE investments in the State. UAE India Business Council is the official joint business council set up by Government of India and UAE for promoting economic synergy between UAE and India.
Yet another MoU was signed between the State Government and Executive Chairman and CEO, IMEA-TIFF and Executive Chairman and CEO DMCC Ahmed Bin Sulayem to strengthen and expand existing capacities in agriculture and food sector. Mutual cooperation, bilateral delegations, bilateral trade and investments are some of the activities that would be part of the MoU.
Delegation of the State also held a meeting with CEO Nilgiri Trading Chandershekhar Bhatia. MoU was signed between the State Government and Nomisma, Banking and Financial Advisory, Nilgiri Trading for development of luxury resort with prime focus on destination wedding for an amount of Rs. 1000 crore.
Industries Minister Bikram Singh, Additional Chief Secretaries Shrikant Baldi, Manoj Kumar and Ram Subhag Singh, Director Industries Hans Raj Sharma, Special Secretary Abid Hussain Sadiq, Principal Private Secretary to Chief Minister Vinay Singh, representatives of CII, Himachal Pradesh were also present on the occasion among others.
CM INVITES INDIAN DIASPORA OF UAE TO INVEST
Chief Minister Jai Ram Thakur invited the Indian diaspora of UAE to consider the peace and advantageous environment of the state for investment. He was addressing the members of People of Indian Origin Chamber of Commerce and Industry at Dubai.
The Chief Minister saluted the entrepreneurial spirit of Indians and requested them to be part of the growth story of Himachal Pradesh.
Thakur said that Himachal Pradesh offers attractive incentives under the industrial policy to boost investment in the state and the government has recently amended the policy to make it more attractive and industry friendly. “We are also coming up with investor friendly policies in sectors such as tourism, AYUSH, IT, electronics and hydro energy”, he added.
While inviting the potential entrepreneurs to be part of the Global Investors Meet being organized at Dharamshala this year by the state government, the Chief Minister said this Meet would focus on a wide range of upcoming and thriving sectors like tourism, AYUSH and wellness, manufacturing, pharmaceuticals, real estate, hydropower, agro and food processing.
