Advertisement
When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
Uttar Pradesh has received investment proposals worth INR 1 lakh crore during Chief Minister Yogi Adityanath's official visit to Singapore, with memoranda of understanding valued at INR 60,000 crore already signed. The proposals emerged from meetings with senior Singapore government leaders and executives from global investment and financial institutions, including GIC and Blackstone. The discussions focused on expanding economic cooperation, infrastructure-led growth and sector-specific opportunities in Uttar Pradesh. The chief minister also indicated plans to develop a global-standard aircraft maintenance, repair and overhaul ecosystem at Jewar International Airport, positioning aviation-linked infrastructure as a key investment driver. The state government said the response reflected rising global confidence in Uttar Pradesh's governance, infrastructure and investment climate.
Uttar Pradesh has attracted investment proposals worth INR 1 lakh crore during the ongoing visit of Chief Minister Yogi Adityanath to Singapore, underlining the state's efforts to position itself as a major investment destination. Of the total proposals received, memoranda of understanding valued at INR 60,000 crore have already been signed, according to the state government. Advertisement
Speaking on the second day of his visit, Adityanath said the engagements in Singapore had resulted in substantive discussions around expanding economic cooperation and deepening investment ties. He met Singapore's Deputy Prime Minister, Home Minister and Energy Minister, with talks focusing on infrastructure development, industrial growth and long-term collaboration opportunities in Uttar Pradesh.
The chief minister also held meetings with senior leadership from global financial and investment institutions, including GIC and Blackstone. He described these interactions as encouraging and indicative of strong interest in future partnerships across sectors such as infrastructure, technology, financial services and industrial development.
Adityanath stated that the scale of investor interest reflected a significant shift in perception towards Uttar Pradesh. He pointed to improvements in infrastructure delivery, administrative reforms and governance as factors contributing to increased investor confidence. According to him, the state's economic narrative has changed substantially in recent years, supported by large-scale public investment and policy-driven reforms.
A key focus area highlighted during the visit was aviation-linked infrastructure. Adityanath noted that Singapore is a global hub for aircraft maintenance, repair and overhaul (MRO) services and said that similar world-class facilities could be developed in India. He indicated that the Uttar Pradesh government intends to build an MRO ecosystem at Jewar International Airport, leveraging its scale, location and future passenger and cargo traffic.
Jewar International Airport, being developed in western Uttar Pradesh, is expected to play a central role in the state's infrastructure and logistics strategy, with potential spillover benefits for real estate, industrial clusters and employment generation in the surrounding region.
The chief minister added that the strong response from investors during the Singapore visit demonstrated growing global confidence in Uttar Pradesh as an emerging economic hub. The state government views international partnerships and foreign capital as critical to accelerating infrastructure creation, industrial expansion and long-term urban and regional development.
Source- PTI
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
