To instil confidence and familiarise with “growing conducive situation in J&K for investments”, delegates representing 33 companies from the United Arab Emirates (UAE), Hong Kong and Saudi Arabia have arrived in Srinagar to turn ₹3,000 crores memorandums of understanding (MoUs), signed earlier this year, into a reality.
Officials said the delegates will attend the “Gulf Business Summit” on March 22 and discuss exploring investment opportunities in J&K in different sectors.
Top-level officials of these UAE–based companies, which included the Roya International Group, Al–Tayer Group, Intercontinental Dubai, Hanadi Trading Est. Promoter, Al–Hashemi Group, Rawaaj Partner Representative of the Rulers Office in Abu Dhabi, Al Mal Capital etc., on Monday visited Pari Mahal near the Dal lake in Srinagar.
