Dubai:Several important MoUs were signed on Thursday with Al Maya Group, MATU Investments LLC, GL Employment Brokerage LLC & Noon to invest in J&K Expo-2020 Dubai. Lieutenant Governor Manoj Sinha, who presided over the signing ceremony said this will further strengthen J&K-Dubai's trade, investment ties.
The summit has received a great response from the representatives of global companies, investors and business managers. Lieutenant Governor also held a meeting with Chairman of DP world, H.E. Sultan Ahmed Bin Sulayem. DP World is set to build an inland port in Jammu and Kashmir.
Addressing the Investors Summit at Dubai, the Lt Governor highlighted the strong business scenario in Jammu & Kashmir.
Big business groups from UAE have shown interest in investing in J&K marking the beginning of a new and comprehensive partnership, the Lt Governor said.
“Relationship between India and UAE has matured enough over the years to become enduring ‘Global Partners’ in the 21st Century. These are those times in the journey of Jammu Kashmir where opportunities are in plenty”, said the Lt Governor.
The Lt Governor said the UT of J&K now has a sage and conducive environment for the businesses to flourish, besides having a young population and a demographic dividend to its advantage.
“We are devising new paths, new policies, creating critical infrastructure and unlocking the business potential of Jammu Kashmir to strengthen our business ecosystem for the post-pandemic world and embarking on the journey of growth and development,” added the Lt Governor.