European bank will boost UP’s investment journey: Yogi

[Photo: Twitter/@myogiadityanath]


Uttar Pradesh Chief Minister Yogi Adityanath on Saturday said that the investment journey of the state will gain further momentum with the European Investment Bank’s support.

“During GIS-23, you must have realised the immense potential that lies in Uttar Pradesh.  Uttar Pradesh is scripting a new saga of its development.  Better law and order, connectivity and availability of uninterrupted power have created an investment-friendly environment,” he said during an interaction with a delegation at the GIS-23.

The delegation has come to participate in the GIS under the leadership of Kris Peeters, former Deputy Prime Minister of Belgium and Vice-President of European Investment Bank.

Yogi further said, “UP being the largest state in India with a population of 25 crores constitutes the largest labour and consumer market in India. With the blessings of nature and the Almighty, UP is becoming the growth engine of India.”

He said a lot of work has been done in the infrastructure development here in the last six years.  The government of Uttar Pradesh has developed infrastructure at a rapid pace to ensure seamless connectivity through air, water, road and rail networks, which will enhance the accessibility of logistics to enable industries to access global and domestic markets.

He underlined the presence of a strong law and order in the state and that UP is not only self-sufficient in foodgrains production, but is also exporting the same.

CM Yogi said: “We are committed to safeguard the interests of every investor investing in UP.  All possible assistance will be provided to the investors by the state government.”

Vice-President of European Investment Bank and former Prime Minister of Belgium Kris Peeters thanked CM Yogi for providing an investment-friendly environment.

He said that the European Investment Bank has invested in the metro project in Uttar Pradesh.  Also, we are considering providing our cooperation in the field of various infrastructure projects like RRTS (Meerut), EV charging and aviation.  “We are investing 1.5 billion dollars in the state,” he pointed out.