Chandigarh

Haryana seeks investment from Singapore

PNS

Haryana Government on Tuesday signed five MoUs with Singapore-based companies to attract `18,000 crore investment in the State.

The MoUs were signed during a road show held in Singapore to showcase the investment potential and opportunities Haryana offers to the investors. The MoUs pertain to setting up of townships, logistics parks, wellness projects, power transmission and distribution, affordable housing, green power generation, grain drying yards, aviation hub, industrial infrastructure and smart cities in Haryana.

More than 100 representatives from top companies in the City State took part in the road show.

While addressing the gathering of Singapore-based investors during the road show, the Chief Minister, Manohar lal, outlined the investment opportunities Haryana offers.

Making a strong pitch for Haryana as a preferred investment destination, he said that Haryana provided a very conducive eco-system for growth of enterprises and invited all to invest in the state.

He said that relationship managers would be appointed for handholding the investors through the lifecycle of the project. He also assured them of hassle-free business environment and wholehearted support of his government.

Sharing his vision for Haryana, the Chief Minister said, “We aim at promoting Haryana as a vibrant and competitive destination internationally. We want to make the state a corporate capital, an industrial hub and a residential and entertainment centre while retaining the edge it enjoys in manufacturing, services and knowledge sectors.”

It is going to be “Destination Haryana” all the way during the coming years. A clear vision, political will, good governance, empathy, empowerment, partnership and creativity will be the keywords to drive the future growth and success of Haryana, the Chief Minister added.

The MoUs were signed with YCH logistics for logistics projects, Ascendas Singhbridge for townships/logistics project, Adonis company for wellness project, Equis Pte -Transmission company for power distribution, affordable housing, green power generation, bio-ethanol, grain drying yards and Meinhardt company for aviation hub, industrial infrastructure and smart cities project in Haryana.

Notably, the Chief Minister had on Sunday left for a five-day tour of Singapore and Hong Kong from May 21 to 25. The visit is aimed at inviting and encouraging investors in Singapore and Hong Kong to invest in Haryana.