Davos boost for Uttar Pradesh with Rs 2.92L cr investments
Lucknow, Jan. 28 -- Uttar Pradesh government on Tuesday said its team signed 31 memoranda of understanding (MoUs) for an estimated investment of over Rs 2.92 lakh crore at 56th Annual Convention of the World Economic Forum (WEF) organised at Davos-Klosters in Switzerland from January 19 to 23.
The state government will set up a dedicated single window team to implement these MoUs to expedite the pace of development and create jobs and achieve the objective of making the state a trillion-dollar economy. UP minister for finance Suresh Khanna, who led the state government's team at Davos-Klosters, said UP's team underlined its commitment to make the state a competitive destination at the global level.
He said the MoUs have been signed for investment in data centre, renewable energy, waste to energy, manufacturing and artificial intelligence (AI) sectors, following discussions held with the world leaders, policy makers and the investors at 119 meetings there. He said the MoUs signed there included the one signed with AM Green to set up 1 GW AI-centric data centre at Greater NOIDA with an investment of Rs 2.1 lakh crore. He said SA Technologies also proposes an investment of Rs 200 crore. He said REC Limited signed MoU to develop 500 MW agriculture waste to energy projects with an investment of Rs 8,000 crore....
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