J&K Lieutenant Governor Manoj Sinha on Monday said he is hopeful that Jammu and Kashmir will be getting more than 70 thousand crores of investment in the next six months. LG Sinha was replying to the question on the arrival of a delegation from the Gulf countries to strengthen ties and look at the investment opportunities in the Union Territory.
LG Sinha said, “I was told a 34-member high-level delegation had come from there. They are looking for avenues where investment can be made in Jammu and Kashmir. To date, we have sanctioned over 26,000 crore worth of proposals and also provided the land to the investors. And we are hopeful of getting an investment of Rs 70,000 crore in the next six months”.
He added, "Tomorrow, our industries department is organising a programme around 12 pm in this connection and I am hopeful that its good results will be witnessed by the people of J&K".
When asked in which sector they are planning to invest and whether the investment will be restricted to Kashmir or will be extended to Jammu as well, Sinha said, “It will be cleared tomorrow. It is going to take place in both regions of Jammu and Kashmir in different areas".
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