LUCKNOW: Over a hundred projects including 40 in construction and 23 in industrial category have been received by the Uttar Pradesh government. The total worth of the memorandums of understanding signed is over Rs 72,000 crores approximately.
Officials at the Greater Noida Development Authority – the agency which is coordinating with investors in that region – pointed out that the achievement so far is over 72% of the target assigned to them.
“At the onset of the UP Global Investor Summit activities, we were asked to mobilise investment to the tune of one lakh crore Rupees. Towards the goal assigned, we have signed 104 MoUs worth Rs 72,000 crore. This means that we are not far from achieving it even as a couple of weeks are left for the main event,” a senior officer said adding that Greater Noida had emerged as the top choice of investors.
Officials also informed that 40 of the 104 MoU signatories were builders while 23 belonged to the industrial category. The worth of the builder category MoUs is Rs 26,000 crore whereas that for the industrial category is Rs 22,000 crore. Seven investors in the IT-ITes (information technology and information technology enabled services) category have also agreed to start their projects worth Rs 10,000 crore in Greater Noida. Similarly, 17 MoUs having value of more than Rs 9,000 crores were signed in the commercial category. The remaining MoUs belong to diverse sectors including logistics and warehousing. Lauding their achievement, officials in the state government attributed the success to the hard work put in by the GNIDA.





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