Guv. Sinha inaugurates Gulf Countries Investment Summit in Srinagar

Srinagar/New Delhi, March 22: Prime Minister Narendra Modi on Tuesday praised efforts to draw investment to Jammu and Kashmir, on the holding of a Gulf Countries investment summit at Srinagar. In a tweet the PM said: “Exemplary efforts to draw more investment to Jammu and Kashmir, and ensure greater opportunities for the people.” He was replying to the tweets of Manoj Sinha, Lt Gov of Jammu and Kashmir, at the investment summit. Manoj Sinha in a series of tweets said: “Addressed the Gulf Countries investment summit at Srinagar and highlighted the scope for J&K UT & GCC (Gulf Cooperation Council) companies’ economic cooperation to make this paradise on earth as the most beautiful investment destination in the world. “The visit of CEOs of top companies, entrepreneurs, start-up representatives, exporters in J&K are an expression of confidence of the industry leaders in the potential for business cooperation between J&K and Gulf countries. “India’s relationship with Gulf countries is being translated into a vibrant, revitalized economic partnership with J&K that will not only diversify our export basket but will also create a conducive environment for expansion of the existing trade. “We have worked with a coherent framework in last two years to harness immense natural resources, economic potential of J&K. Under guidance of Hon’ble PM Sh. Narendra Modi & Hon’ble HM Sh. Amit Shah, we’ve also worked out a blueprint to unlock investment flows from compliance and restrictions. “We promise to provide global standard end-to-end facilities for the businesses, skilled workforce, transparent and hassle-free regulatory mechanism and creation of necessary infrastructure wherever required.” “Since my Dubai Expo visit earlier in January this year, many foreign companies from UAE have announced long-term plans for J&K. We are ready to take relationship to a qualitatively new level and strengthen our economic partnership.” (UNI, Photo Credits ANI))