Saturday, April 27

65 Crore Spent Over UP Investors Summit 2018

Uttar Pradesh government spent 65 crore capital for the 2-day Investors Summit-2018, which concluded yesterday.

The official of government said that It was the biggest summit held in the state adding that 22 chartered planes and more that 300 rooms in over 12 luxury hotels were booked besides construction of roads, putting up of hoardings and illuminating the entire city.

The two day investment summit witnessed the signing of 1,045 MOUs worth over Rs 4.28 lakh crores. Besides, investors present showed interest in making additional investment worth Rs 4 lakh crore.

UP Chief Minister Yogi Adityanath said, “In the two-day summit, representatives from 10 countries, more than 6,000 participants, above 110 companies participated. As many as 32 parallel sessions took place in the summit”.


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The pacts signed have the potential to generate more than 33 lakh jobs in the state.

Netherlands, Japan, Czech Republic, Finland, Slovania, Mauritius and Thailand were the seven partner countries of the summit.

A senior district administration official said that Rs 66.15 crore was spend on Lucknow’s beautification for the summit, which had 7 countries as partners and attracted 6,000 participants. The summit generated investment pacts worth more than Rs 4 lakh crore from top businesses, as per the UP government.