On 23rd February, the Prime Minister of Singapore, Lawrence Wong, welcomed Uttar Pradesh Chief Minister Yogi Adityanath as he arrived there for a two-day visit. Sharing a picture with CM Yogi on X, PM Wong highlighted that Uttar Pradesh is India’s third-largest state economy and one of the fastest-growing regions.
“Glad to welcome Uttar Pradesh Chief Minister @myogiadityanath to Singapore. Uttar Pradesh is the third largest state economy and one of the fastest growing regions in India,” the Singaporean PM wrote.
Investment proposals worth ₹19,877 crore approved on the first day of the Singapore visit of CM Yogi Adityanath
Interestingly, CM Yogi’s Singapore visit is proving to be a mega success as on the very first day, he secured massive investments. Under MoUs signed with various international companies and institutions, investment proposals totalling ₹19,877 crore were agreed upon. This investment will play a crucial role in strengthening the state’s economy and creating large-scale employment.
CM Yogi Adityanath attended various high-profile meetings in Singapore, wherein investors expressed their commitment to long-term investment in Uttar Pradesh. The Chief Minister stated unequivocally that the Uttar Pradesh government is fully committed to providing investors with a transparent policy framework, prompt approvals, improved law and order, and modern infrastructure.
The major agreements signed on 23rd February include urban development, data centres, logistics, renewable energy and agriculture-based solar projects. Through these projects, along with giving impetus to industrial activities in the state, thousands of new employment opportunities would be generated.
Universal Success Group has proposed investing ₹6,650 crore to develop group housing, logistics parks, and data centre projects in Uttar Pradesh.
Similarly, Golden State Capital (GSC) has announced an investment of ₹8,000 crore to establish a 100 MW data centre in Uttar Pradesh.
Meanwhile, Private Infrastructure Development Group (PIDG) signed a memorandum of understanding (MoU) to invest ₹2500 crore in renewable energy, green hydrogen and agri-PV (agri-cum-solar) projects in Uttar Pradesh.
In addition, AVPN Limited has committed to invest ₹2,727 crore in the renewable energy and agri-PV sectors.
Besides, the Chief Minister also focused on the area of skill development. A cooperation agreement was signed with ITE Education Services (ITEES) to strengthen the TVET system.