CM: Land bank, political stability make state ideal for investment

DEHRADUN: Addressing the gathering on the opening day of the second edition of the Global Investors Summit at the FRI ground on Friday, chief minister Pushkar Singh Dhami hailed Uttarakhand as the "epitome of investment potential". Dhami said, "Uttarakhand is a great host, and 1.25 crore people of the state welcome 7 crore tourists each year. The land bank, political stability, and robust law and order machinery make the Himalayan state an ideal place for investment."

Dhami said Uttarakhand not only surpassed the set target of Memorandums of Understanding (MoUs) worth Rs 2.5 lakh crore but has also successfully executed projects amounting to Rs 44,000 crore. "In the last few years, Uttarakhand has carved a name for itself, making substantial strides in rail, road, and air connectivity," Dhami said. By Friday morning, the state had signed MoUs exceeding Rs 3 lakh crore, with high prospects of additional agreements during the event.

Drawing inspiration from Gujarat, Dhami unveiled plans to establish a Convention Centre in the Himalayan state. Emphasising the impact on employment, the CM said, "Large-scale investments across sectors will open doors to job opportunities for lakhs of youth in the state. Therefore, we have decided to host the Global Investors Summit every second year." He affirmed the state's commitment to transforming MoUs into tangible investments, unveiling a dedicated team to streamline the investment process for businesses and investors.