Singapore investors willing to invest in UP, says Wong

| | Lucknow
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Singapore investors willing to invest in UP, says Wong

Friday, 24 September 2021 | PNS | Lucknow

Singaporean High Commissioner in India, Simon Wong, said that there was a favourable environment for investment in Uttar Pradesh and a large number of Singapore investors were willing to invest in different projects of the state, including in the defence industrial corridor and MSME sector.

 

Wong expressed these views during his meeting with Chief Secretary Rajendra Kumar Tiwari in Lucknow on Thursday.

 

After the high-profile meeting, the chief secretary said that due to the development of infrastructure facilities in Uttar Pradesh, it was being successful in attracting investors from across the world.

 

“Uttar Pradesh is providing an investor-friendly and fear-free environment. Besides, 21 new investment-friendly policies have been implemented in the state. New expressways, including Purvanchal Expressway, Bundelkhand Expressway, Gorakhpur Link Expressway, Ballia Link Expressway and Ganga Expressway, are being developed making commuting by roads easy and safe. Similarly, tehsil headquarters and block headquarters are being connected by two-lane roadways, while roads from the state capital to district headquarters are four-lane,” Tiwari said.

 

“Similarly, several airports are being developed with the aim to increase air connectivity. An international airport is being constructed in Kushinagar which will facilitate the movement of Buddhist followers living in the country and abroad. Defence industrial corridors are being developed in the state at Aligarh, Agra, Lucknow, Jhansi, Chitrakoot and Kanpur,” the state’s top official said.

 

The Singaporean high commissioner said that the trade relations between Singapore and India were very strong and there was a favourable environment for investment in UP and the logistics points had been developed in a very systematic manner.

 

“It being the most religious place, a large number of devotees from all over the country and abroad come to Uttar Pradesh. Singapore investors are willing to invest in setting up the Bundelkhand defence Industrial corridor, MSME, logistics, integrated township, and data centre in Uttar Pradesh. Apart from this, investors want to invest in the area of skill centres in Varanasi,” Wong said.

 

On the occasion, the chief secretary presented ODOP products to the delegation led by the high commissioner and Wong presented a book to the chief secretary. Additional Chief Secretary, (Infrastructure and Industrial Development) Arvind Kumar and Special Secretary (Industrial Development) Muthu Swamy were also present on the occasion.

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