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Mayawati seeks investment for Uttar Pradesh
Washington, June 05: Uttar Pradesh Chief Minister Mayawati has invited businessmen to invest in the state as it was an `investor-friendly state` with the government offering tax concessions and exemptions in the special economic zones.
Washington, June 05: Uttar Pradesh Chief Minister Mayawati has invited businessmen to invest in the state as it was an "investor-friendly state" with the government offering tax concessions and exemptions in the special economic zones.
Addressing a gathering of non-resident Indians and businessmen here yesterday, Mayawati said that Uttar Pradesh "is one of the most industrially developed states of north India with great economic potential.”
"I can assure you Uttar Pradesh is one of the best governed and investor-friendly states of the country where you all can operate with full confidence," the chief minister said.
Seeking participation in the infrastructure sector from those present, Mayawati said, "We (Uttar Pradesh) are trying to create world class infrastructure facilities in the state. With this objective, we are developing four special economic zones (SEZs), where industrial units would get concessions and exemptions with regard to labour, power, tax, and the environment among others." "We are also in the process of setting up a special tourism-based SEZ with a view to attract Buddhist tourists from all over the world. We will be establishing two international airports in these SEZs, out of which clearances have been obtained for one," the Uttar Pradesh chief minister said.
She said she had brought with her bid documents of seven projects worth over US $4000 million related to the various global advertisements brought out by her government.
The chief minister also sought investment in social infrastructure, especially education. "I want that world-class medicine, engineering and management institutes and universities be set-up in Uttar Pradesh with private sector participation," she said.
Mayawati added that to achieve this "the necessary laws and procedures have been enacted.”
She said the state would be seeking to build an international airport in eastern UP and global advertising seeking private participation would be issued soon.
Mayawati also sought investment in consumer goods, food processing and the IT industry in the state.
The chief minister said the state was in the process of establishing a "web city" in the vicinity of the capital New Delhi. The Uttar Pradesh chief minister also used the opportunity to deny reports her government is "shaky", and said her government was in majority even it "one or two minor parties withdraw support."
She said she was confident she would remain in office for the full five-year term.
Bureau Report
"I can assure you Uttar Pradesh is one of the best governed and investor-friendly states of the country where you all can operate with full confidence," the chief minister said.
Seeking participation in the infrastructure sector from those present, Mayawati said, "We (Uttar Pradesh) are trying to create world class infrastructure facilities in the state. With this objective, we are developing four special economic zones (SEZs), where industrial units would get concessions and exemptions with regard to labour, power, tax, and the environment among others." "We are also in the process of setting up a special tourism-based SEZ with a view to attract Buddhist tourists from all over the world. We will be establishing two international airports in these SEZs, out of which clearances have been obtained for one," the Uttar Pradesh chief minister said.
She said she had brought with her bid documents of seven projects worth over US $4000 million related to the various global advertisements brought out by her government.
The chief minister also sought investment in social infrastructure, especially education. "I want that world-class medicine, engineering and management institutes and universities be set-up in Uttar Pradesh with private sector participation," she said.
Mayawati added that to achieve this "the necessary laws and procedures have been enacted.”
She said the state would be seeking to build an international airport in eastern UP and global advertising seeking private participation would be issued soon.
Mayawati also sought investment in consumer goods, food processing and the IT industry in the state.
The chief minister said the state was in the process of establishing a "web city" in the vicinity of the capital New Delhi. The Uttar Pradesh chief minister also used the opportunity to deny reports her government is "shaky", and said her government was in majority even it "one or two minor parties withdraw support."
She said she was confident she would remain in office for the full five-year term.
Bureau Report