At Dubai summit, J&K L-G Manoj Sinha woos global investors

Dubai, January 7

J&K has moved from a sleeping business destination to a land of opportunities and received USD 2.5 billion in investments last year, Lieutenant Governor Manoj Sinha told business leaders here, assuring them that his government will provide an investment-friendly environment to the global investors.

J&K has inked six agreements with global investors at Dubai Expo 2020 to bring in investments in the UT’s real estate, infrastructure, tourism, healthcare, and manpower employment sectors among others. Sinha addressed the Investors Summit in Dubai on Thursday, which was attended by renowned business leaders and investors from the United Arab Emirates (UAE).

J&K has signed 5 MoUs with Al Maya Group, MATU Investments LLC, GL Employment Brokerage LLC, Century Financial and Noon E-commerce respectively; 1 LoI between Magna Waves Pvt. Ltd along with Emaar Group and Lulu International. — PTI