CM embarks on Singapore visit, eyes stronger eco ties with UP

CM embarks on Singapore visit, eyes stronger eco ties with UP
Lucknow: Chief minister Yogi Adityanath on Sunday embarked on a three-day official visit to Singapore, aimed at deepening economic cooperation, institutional partnerships, and sector-specific collaboration between UP and Singapore.The state govt, in a statement, said that the visit aligned with the India-Singapore Comprehensive Strategic Partnership roadmap, under which economic cooperation, digitalisation, skill development, sustainable growth, connectivity, and advanced manufacturing were identified as priority areas.
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"The CM's engagements are expected to translate national-level cooperation frameworks into practical, project-based partnerships for UP," a spokesperson said."The state has put in place a comprehensive and transparent investor facilitation ecosystem, including a digital single-window system and sector-specific policies to ensure speedy execution of investment proposals," he said.He said that the country's most populous state was also among India's fastest-growing economies. The state's Gross State Domestic Product (GSDP) stood at Rs 30.25 lakh crore in 2024–25 and is projected to reach nearly Rs 36 lakh crore in 2025–26.
Officials said the state put in place a comprehensive and transparent investor facilitation ecosystem, including a digital single-window system and sector-specific policies to ensure speedy execution of investment proposals.Singapore is the largest source of Foreign Direct Investment (FDI) into India. During the financial year 2024-25, India received USD 14.94 billion in FDI from Singapore. The CM's visit is thus being viewed as a significant step towards positioning UP as a competitive and long-term investment destination.During the visit, Yogi is scheduled to hold meetings with Singapore's top political leadership, including president Tharman Shanmugaratnam, prime minister Lawrence Wong, foreign minister Vivian Balakrishnan, and minister for manpower and second minister for trade and industry Tan See Leng.The discussions are expected to focus on converting strategic understandings between India and Singapore into tangible investments and project collaborations in UP.The CM's itinerary also includes interactions with leading sovereign and institutional investors such as Temasek Holdings and GIC. Meetings with industry representatives from data infrastructure, logistics, aviation services, financial services, and advanced manufacturing sectors were also planned.Officials said that Singapore-based companies are expanding their footprint in India, particularly in AI-enabled digital campuses."With the development of Noida International Airport, the state is exploring collaboration with Singapore's aviation ecosystem. Site visits to aviation and logistics facilities in Singapore are also part of the programme," the spokesperson said.Officials said that Singapore's expertise in sustainable development and green supply chains aligns with Uttar Pradesh's renewable energy initiatives and integrated industrial corridor plans. The visit will conclude with the ‘Invest UP Mega Roadshow' in Singapore, bringing together data centre operators, logistics and infrastructure developers, renewable energy companies, private equity funds, and sovereign wealth funds.

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