Lucknow to be witness to groundbreaking ceremony post GIS 2023 in August
Lucknow: The Uttar Pradesh government is planning to organize the Ground Breaking Ceremony of Investment proposals worth at least Rs 16 lakh crore that came up during the Global Investors Summit (GIS) in the second week of August. The event will be a showcase for industrialization and development in the state.
According to a state government spokesperson, Prime Minister Narendra Modi and several Union ministers as well as investors from across the world will be invited to the event. During the three-day GIS held in February, the state government had signed MoUs worth Rs 34.09 lakh crore with both foreign and domestic investors. Officials said preparations for the foundation stone laying ceremony have already begun.
A government spokesperson said the government is in talks with the investors with whom MoUs were signed during the GIS regarding their participation in the ground-breaking ceremony.
Those who are ready to execute their investment proposals immediately will be provided a platform through this event, he added. Discussions have started with such investors and their names are likely to be finalized soon. He said that details regarding proposals, land requirement, subsidy are being collected for each such investor and instructions have also been issued to all development authorities and district magistrates to ensure availability of land for the projects.
Various ministers have been tasked with ensuring that the projects are on the ground. Each MoU signed under the GIS umbrella is being monitored by senior officials.
An Investment Implementation Unit is being set up in each department and will be headed by a Secretary-level officer. These units will be responsible for ensuring the implementation of all MoUs signed under their departments. Officers of the level of Special Secretary and above have been given the responsibility of monitoring sector-wise investments. A call center will also be started soon to help foreign investors.
