Khattar's Dubai tour yielded positive results

Chandigarh: The 'mission Dubai tour'' of the Haryana Chief Minister has yielded positive results in a short time as the Government of Dubai, the governing authority of the Emirate of Dubai has finalised a Memorandum of Understanding with the State Government for cooperation in various economic activities like investment promotion and land development including real estate development, industrial parks, IT parks, multi-purpose towers, mix use townships, innovation centres and projects related to logistics in Haryana. "The Dubai tour was a 'mission tour' and I am happy that the Government of Dubai, the governing authority of the Emirate of Dubai has finalized the MoU with us. Finalizing of this MoU will certainly boost investment in Haryana and strengthen the bonds of economic and cultural ties between Dubai and Haryana," added Sh. Manohar Lal.

Under the terms of the MoU, the Government of Dubai shall identify a suitable entity to assist with identifying the potential areas of collaboration, and assessing the viability of projects including conducting legal and financial due diligence, feasibility studies, negotiation and finalization of definitive agreements and support the State Government in identifying potential investors based in UAE having an interest in investing in India and reaching out to them.

The State Government, on its part, will endeavour to provide financial incentives and other benefits in respect of any and all investments of the Government of Dubai as per the extant policies of the Government.

Deputy Chief MinisterDushyant Chautala, Chief Principal Secretary to Chief Minister, Sh. DS Dhesi, Additional Chief Secretary, Industries and Commerce Department Anand Mohan Sharan, Principal Secretary to Chief Minister and Chairman HSIIDC V Umashankar, MD HSIIDC, Vikas Gupta accompanied the Chief Minister. Key marquee infrastructure projects being undertaken in the State include the Global City, a mixed land use township being developed over approx. 1080 acres in Gurugram with the aim of redefining the concept of urban development and what cities of the future shall look like through its sustainability-focused future-oriented infrastructure planning and design, the Integrated Multi Modal Logistics Hub being developed over 886 acres at Nangal Chaudhary to provide efficient, end-to-end logistics services to the Delhi-Mumbai Industrial Corridor and facilitate economic activity between NCR /Northern States and Mumbai port, the Integrated Aviation Hub being developed at Hisar over 7200 acres, the Integrated Manufacturing Cluster being developed over 300 acres in the vicinity of the Aviation Hub, the Electronics Manufacturing Cluster being developed over 500 acres at IMT Sohna, amongst others.