The Netherlands and the US have shown interest in becoming partners for the coming UP Global Investors Summit to be held in February next year, officials said here on Saturday.

Chief Minister Yogi Adityanath has set a target of attracting investment of Rs 10 lakh crore in the state through the Global Investors Summit, which, officials claimed, will be met as there are umpteen investment proposals from abroad.

Advertisement

The UP government delegation led by Deputy Chief Minister Keshav Prasad Maurya and IT Minister Yogendra Upadhyay has received several offers for investment in the Netherlands.

TeraWorks and Teamabi signed an intent to invest Rs 800 crore. Similarly, GC-BV has signed two investment intents for 150 million Euros (about Rs 132 crore) to set up waste-to-energy units in Muzaffarnagar and Ghaziabad.

According to officials, Valuecent Group has also signed an intent to invest Rs 100 crore to set up a wellness centre, eco-tourism resort and IT centre in Mathura. Sports Networking Science filed an investment intent of Rs 600 crore to establish a multi-sports centre in the state.

Pickel BV has filed an investment intent of Rs 450 crore to set up five biological wastewater treatment plants and a biogas treatment plant in UP. Deputy CM Keshav Prasad Maurya also invited the business communities of the Netherlands to participate in the Summit.

Speaking on the occasion, High Commissioner Reenat Sandhu welcomed the delegation and appealed to the business community to make the most of the investment opportunities being offered in UP.

The delegation led by Finance Minister Suresh Khanna and former Minister Sidharth Nath Singh met Murali Chirala, CEO of FalconX in the US. Three MoUs were also signed on the occasion. One of these MoUs is specifically for setting up a plant in Noida, while the other two MoUs involve an investment of Rs 20 crore each.

The delegation also met KR Sridhar, Chairman, Bloom Energy and discussed partnership with Uttar Pradesh on innovation in the energy sector. The delegation also met Rajinder Singh, Chairman, Best Bay Trucking, and signed an MoU worth Rs 1,000 crore.

Many proposals for investment have been received during the road shows in various cities of Canada under the leadership of Assembly Speaker Satish Mahana. The delegation also held several one-to-one business meetings apart from the road show.

On this occasion, there was a positive discussion about strengthening business relations and investment with Uttar Pradesh. Many big agreements are likely to be signed during the Global Investors Summit, added officials.