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Home Jammu

LG Promises To Make J&K ‘Most Beautiful Investment Destination’

News Desk by News Desk
March 22, 2022
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Srinagar, Mar 22 : Lieutenant Governor Manoj Sinha on Tuesday promised “global standard end-to-end facilities” for the businesses in Jammu and Kashmir.

Addressing the Gulf Countries investment summit at Srinagar, Sinha said that he highlighted the scope for J&K and GCC companies’ economic cooperation to make “this paradise on earth as the most beautiful investment destination in the world.”

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He said the visit of CEOs of top companies, entrepreneurs, start-up representatives, exporters in J&K was an expression of confidence of the industry leaders in the potential for business cooperation between J&K and Gulf countries.

“India’s relationship with Gulf countries is being translated into a vibrant, revitalized economic partnership with J&K that will not only diversify our export basket but will also create a conducive environment for expansion of the existing trade,” he said as per GNS, adding, “We have worked with a coherent framework in last 2 years to harness immense natural resources,economic potential of J&K.”

He said that government has worked out a blueprint to “unlock investment flows.”

“We promise to provide global standard end-to-end facilities for the businesses, skilled workforce, transparent and hassle-free regulatory mechanism and creation of necessary infrastructure wherever required.”

He said since his Dubai Expo visit earlier in January this year, many foreign companies from UAE have announced long-term plans for J&K. “We are ready to take relationship to a qualitatively new level and strengthen our economic partnership,” he added. (GNS)

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