Recently the J & K administration and government of Dubai have signed a MoU and it will help to pace up the developmental projects as many reputed firms will come to Jammu and Kashmir to develop infrastructure projects.
This MoU gives out a strong signal to the entire world that the way India is transforming into a global power, Jammu & Kashmir is having a significant role in that as well.
This MoU is a significant move towards rapid development and Industrial growth in J&K. It is a milestone after which the investment will pour in from the entire globe and is a big developmental push. Different entities from Dubai have shown keen interest in investment. Development has to be aspired on all fronts and we are on track. Recent industrial package of Rs 28,400 Crore is a testimony towards ensured development of J&K.
The Lt Governor, Manoj Sinha termed the occasion as a historic day for the Dubai-Jammu Kashmir friendship, and for the developmental journey of Jammu and Kashmir Union Territory.
He said that the MoU is the beginning of a new partnership between the Government of Dubai and J&K which will help the Union Territory to scale new heights in Industrialization and sustainable growth.
It is aimed at developing various economic activities including industrial parks, IT Towers, multi-purpose towers, logistics, medical college, super specialty hospital and many other projects.
Jammu & Kashmir has received a proposal worth Rs 30,000 crores in just a few months after the second wave of the pandemic and we hope to get the proposals of around Rs 60,000 crores in the coming times.