JAPAN BECOMES PARTNER COUNTRY OF UP INVESTORS’ SUMMIT

LUCKNOW: Preparations for the UP Investors’ Summit 2018 get another shot in the arm as Japan has become one of the partner countries for the event.

The Netherlands, Mauritius and Finland are already partners for the summit.

“The state hopes to get bigger investments from the partner countries as they are all interested in investing in UP,” said a UP government officer associated with the summit.

Chief minister Yogi Adityanath will meet the partner countries delegations in separate meetings on both the days of the summit on February 21 and 22.

Japanese companies are exploring possibilities to invest in UP and Japan’s banks are looking for giving loans to projects here.

Preparations for the summit are now peaking. This is the first mega event of the Yogi government.

Of late, the state government has accelerated implementation of new policies in all key sectors, including industry, food processing and tourism.

The government has identified land in each of 75 UP districts for setting up industrial units and allocating them to investors on demand.

The government has also identified eleven priority sectors for investments namely civil aviation, IT-enabled services, dairy, electronics manufacturing, tourism, MSME, infrastructure, renewable energy, films, handloom/textile, and agro/food processing.