The J&K Administration has been planning to bring some policy initiatives to facilitate more foreign direct investment into the state especially in the tourism and hospitality segment
A 36-member delegation from the Gulf countries is in Jammu to explore investment opportunities in the union territory, officials said on Sunday. The delegation arrived following an invitation by J-K Lieutenant Governor Manoj Sinha at the Dubai Expo in January this year, the officials said. The J&K Administration has been planning to bring some policy initiatives to facilitate more foreign direct investment into the state especially in the tourism and hospitality segment.
The delegation includes top businessmen from real estate, hospitality, telecom, import-export, and other sectors, and has also among it a member of the ruling family in Sharjah.
The J&K Administration, during the high level visit to Dubai for the Dubai Expo, had signed a number of MoUs with Dubai-based investors. These include a large shopping mall in the heart of Srinagar by the leading real estate group of the Middle East, Emaar
The delegation includes one diplomat, a few educationists, and a journalist, they said.
As part of the four-day programme, the UT administration will apprise the delegation about investment opportunities in the region, with a focus on tourism and hospitality. The delegation will also visit popular tourist spots of Pahalgam and Gulmarg to explore investment opportunities there.
The J&K Administration, during the high level visit to Dubai for the Dubai Expo, had signed a number of MoUs with Dubai-based investors. These include a large shopping mall in the heart of Srinagar by the leading real estate group of the Middle East, Emaar.
************************************************************************
Readers
These are extraordinary times. All of us have to rely on high-impact, trustworthy journalism. And this is especially true of the Indian Diaspora. Members of the Indian community overseas cannot be fed with inaccurate news.
Pravasi Samwad is a venture that has no shareholders. It is the result of an impassioned initiative of a handful of Indian journalists spread around the world. We have taken the small step forward with the pledge to provide news with accuracy, free from political and commercial influence. Our aim is to keep you, our readers, informed about developments at ‘home’ and across the world that affect you.
Please help us to keep our journalism independent and free.
In these difficult times, to run a news website requires finances. While every contribution, big or small, will makes a difference, we request our readers to put us in touch with advertisers worldwide. It will be a great help.
For more information: pravasisamwad00@gmail.com
