Uttar Pradesh seeks Saudi investment
Thursday January 24, 2013 09:22:57 PM,
IANS
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Lucknow: Chief
Minister Akhilesh Yadav has sought more Saudi investment in Uttar
Pradesh and greater cooperation with Riyadh in the fields of
agriculture, education and tourism.
Yadav met Saudi ambassador Saud Mohammed Alsati when the latter
visited Lucknow Thursday and discussed a wide spectrum of issues
related to trade and investment.
Also discussed was the welfare of Indians residing in Saudi Arabia
and Saudi nationals in the state.
"It was a very good meeting. We discussed the entire gamut of
bilateral relations," the ambassador told IANS.
"UP is an important state, and over 100,000 people from the state
who work in Saudi Arabia. There is a lot of Saudi business
interest in this state," he said.
Yadav asked the envoy to take part in the Jan 27-29 investment
summit in Agra being organised with India's commerce and industry
ministry, and the Confederation of Indian Industry.
Uttar Pradesh is the partner state at the Partnership Summit 2013
whose theme is "Global Partnerships for Enduring Growth".
The chief minister will chair a special session on "Uttar Pradesh:
The Land of Opportunities" Jan 28 where he is expected to unveil
his industry and investment-friendly policies.
Saudi businessmen have expressed interest in investing in the
Indian economy and forming joint ventures, particularly in sectors
like petrochemicals, fertilizer, food processing and health care.
The Saudi envoy also met Governor B.L. Joshi for an hour.
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