#Kashmir_Investment #UAE_In_Kashmir
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Jammu and Kashmir Lieutenant Governor Manoj Sinha Tuesday said that so far the UT administration has received investment proposals worth Rs 27000 Crore for which the land has been already allotted while in the next six months, the government expects Rs 70,000 Crore outside investment.
LG Sinha stated this while speaking to media men after addressing Gulf Countries Investment Summit at SKICC on the banks of famous Dal Lake here. “Today, we have investors from Gulf countries here with us who are ready to invest in various sectors including Hospitalisation, Hospitality, Cold Storage, Agriculture, Food Processing, Health and Medical Education Sectors etc,” the LG said. He said that J&K was going through a “transformative phase” where pace and prosperity will be special features.
The CEO of Century Financial, Bal Krishen, a native of Jammu’s Doda region, who headed the delegation of businessmen said that the delegates have visited J&K with a clear mind set for investments. He termed the visit of business delegates from the Gulf a huge step towards growth and development of UT, and said that it will lay a strong foundation for a better and prosperous future where dreams and aspirations transform into reality. Meanwhile, the LG announced that Rawalpora and Peerbagh area of Srinagar will get round the clock uninterrupted power supply as the process of installation of smart meters have ended in these areas. “We will cover other areas of Srinagar as well,” he said, adding that “we are committed to provide quality power supply where not just one minute cut would take place
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