After a series of successful initiatives to attract and materialise investments in Uttar Pradesh, the State Government has initiated the process to professionalise its investment promotion and facilitation agency, Invest UP, in the right earnest.
Additional Chief Secretary (Infrastructure and Industrial Development) Alok Kumar said that in a first-of-its-kind initiative, the UP government had decided to engage highly qualified professionals from business and management sphere with ample experience for seamless integration of investment promotion and facilitation streams.
Kumar, who is also member-secretary of the Governing Board of Invest UP, said here on Friday that, “In all 44 professionals are proposed to be recruited to enhance the efficiency of services to investors and industrialists. In the first phase, five qualified persons will be recruited, including a chief operating officer (COO), to lead the investment promotion functions of the agency under the guidance of the chief executive officer (CEO).”
“Appointment as well as removal of the COO will be approved by the chief minister, who is the chairperson of the Governing Board of the newly established agency,” he added.