NewKerala.com

UP Secures Rs 2.5 Lakh Crore in MoUs from Japan & Singapore Visits

Uttar Pradesh Chief Minister Yogi Adityanath concluded a four-day investment tour to Singapore and Japan, announcing massive financial commitments for the state. The visit resulted in Memorandums of Understanding worth Rs 90,000 crore from Japan and Rs 60,000 crore from Singapore, with additional investment proposals totaling Rs 2.5 lakh crore. Key discussions centered on sectors like automobiles, logistics, green hydrogen, and solar energy, including plans to develop a dedicated 'Japan city' for investors. The CM also announced that a delegation of 200 Japanese CEOs, along with the Governor of Yamanashi, will soon visit Uttar Pradesh to further the partnerships.

Key Points: UP CM Yogi Gets Rs 2.5L Cr MoUs in Japan, Singapore Tour

  • Rs 90,000 cr MoUs in Japan
  • Rs 60,000 cr MoUs in Singapore
  • Focus on auto & green energy sectors
  • Plans for a dedicated Japan city in UP
  • Roadshows attracted top CEOs & investors
2 min read

We received MoUs worth Rs 90,000 cr in Japan, Rs 60,000 in Singapore: UP CM Yogi Adityanath

UP CM Yogi Adityanath announces MoUs worth Rs 1.5 lakh crore from Japan and Singapore roadshows, boosting investment in auto, green energy & more.

"We have received MoUs worth Rs 90,000 crore in Japan and proposals worth Rs 1.5 lakh crore - Yogi Adityanath"

Tokyo, February 26

Uttar Pradesh Chief Minister Yogi Adityanath, highlighting key outcomes of his visit to four-day visit to Singapore and Japan said that he received Memorandums of Understanding worth Rs 90,000 crore in Japan and Rs 60,000 crore in Singapore for the state.

Adityanath added that he has also received proposals worth Rs 1.5 lakh crore in Japan and Yamanashi city, and proposals worth up to Rs 1 lakh crore in Singapore for the investment in Uttar Pradesh.

Detailing his visit, the Uttar Pradesh CM said that he met with various companies as he pitched for the investment opportunity in the state.

"We have met with companies involved in automobile, logistics, green hydrogen, CBG (Compressed Bio Gas), solar, and tourism.... There has been talk of cooperation between Japan and Uttar Pradesh regarding technology in MSMEs, online sales, and other issues... In addition, the construction of a dedicated Japan city for Japanese investors within the Yamuna Authority to develop auto clusters has been discussed in detail, and action has been taken to allocate land for this purpose," he said.

"This delegation of Uttar Pradesh has received MoUs worth Rs 90,000 crore in Japan and proposals worth Rs 1.5 lakh crore in Japan and Yamanashi. Similarly, we have received MoUs worth Rs 60,000 crore in Singapore and proposals worth up to Rs 1 lakh crore for investment in Uttar Pradesh," he added.

Adityanath said that he held meetings at the G2G (Government-to-Government) level, and several G2B (Government-to- Business) and B2B (Business-to-Business) level meetings.

"Two major road shows were held: one in Singapore, which attracted a large number of investors, chairmen and CEOs of financial institutions. We held a road show yesterday in Tokyo, and another today in Yamanashi, which also attracted a significant number of investors," he said.

Uttar Pradesh CM announced that, along with the governor of Yamanashi, along with 200 CEOs from Japan will visit Uttar Pradesh.

CM Yogi visited Singapore from February 22 to 24 and then headed to Tokyo, Japan, for the second leg of his visit.

- ANI

Share this article:

Reader Comments

S
Sarah B
Impressive numbers, but the real test is execution. We've seen big MoU announcements before. The focus should be on ease of doing business and ensuring infrastructure is ready for these Japanese and Singaporean companies.
V
Vikram M
A dedicated Japan city in the Yamuna Authority area is a brilliant idea. Japanese technology in MSMEs can be a game-changer for local industries. UP is finally getting the attention it deserves as an economic powerhouse.
P
Priya S
Good step, but I hope the development is inclusive. Investments in Noida, Lucknow are great, but Eastern UP also needs this kind of industrial push. Let's see balanced growth across the state.
R
Rohit P
Rs 1.5 lakh crore proposals? That's huge! If even half of it comes through, it will transform the state's economy. The focus on solar and green hydrogen is very forward-looking. Jai UP! 🇮🇳
M
Michael C
As someone working in logistics, the mention of investment in that sector is promising. UP's geographic position is perfect for a logistics hub. Hope the plans for auto clusters include robust supply chain networks.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50