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European Investment Bank delegation meets UP CM


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

Interacting with a delegation that has come to participate in the Global Investors Summit under the leadership of former Deputy Prime Minister of Belgium and Vice President of European Investment Bank Kris Peeters, Yogi said, ‘During GIS-23, you must have realized the immense potential that lies in UP. The state 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, “UP is the largest state in India with a population of 25 crores, which makes it the largest labour and consumer market in India. With the blessings of nature and almighty, UP is becoming the growth engine of India.”

The CM said that a lot of work has been done in infrastructure development here in the last six years. “The UP government 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 said.

He underlined that there is presence of a strong law and order in the state and that UP is not only self-sufficient in food grains production, but is also exporting the same. “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,” he said.

Vice President of European Investment Bank and former Deputy PM 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 UP. “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 said.


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