UP government has signed an agreement with Austin University to build a Smart City of Knowledge in the state.
According to an official statement, the Knowledge City will include the best universities in the world and be built on 5,000 acres of land at the cost of USD 42 billion.
Star Consortium will provide data center and logistics services in the state, while SLG Group will build Capital Data Centre.
As a result of these investment proposals and memorandums of understanding, thousands of employment opportunities will be available to the people of the state.
Yogi Adityanath UP’s CM has set a target of attracting investments of Rs 10 lakh crore through the Global Investors Summit in Lucknow between February 10-12.
Eight teams of ministers and officials are touring 18 countries to attract investments.
In San Francisco, the Saloni Heart Foundation signed an MoU with Minister Suresh Kumar Khanna and Additional Chief Secretary (Infrastructure and Industrial Development) Arvind Kumar.
Ashraf Ali Mustafa, President of Austin University, said the Knowledge City project is expected to change the face of higher education in India and beyond.
Additionally, three memoranda of understanding were signed with Falcon X CEO Murali Chirala, the entrepreneurs have indicated an interest in Investing in UP’s incubators and accelerators.
The delegation met with representatives of the global entrepreneurship organization TiE and Indians who contributed to the creation of Silicon Valley in San Francisco. It appealed to them to create a Silicon Valley in Uttar Pradesh so that Indians can also take advantage of it.
Yukinori Kobe, director of Seiko Advance Limited, signed an MoU worth Rs 850 crore with the UP government to establish a manufacturing unit in Gautam Buddha Nagar during a road show in Japan.
As a result of this MoU, more than 200 employment opportunities will be created in the state.
In a tweet, Minister of Industrial Development Nand Gopal said his foreign tours successfully attracted investments.
As per the statement, the UP-Government team toured three countries within nine days and received investment proposals worth thousands of crores of rupees.
Roadshows and one-on-one business meetings in foreign countries will continue until December 19.
On Monday, Deputy Chief Minister Keshav Prasad Maurya and IT and Electronics Department Minister Yogendra Upadhyay will visit France to attract investments.
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