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Which state administration has signed an MoU with Dubai government for real estate development?
A)
Ladakh
B)
Madhya Pradesh
C)
Arunachal Pradesh
D)
Jammu and Kashmir

Correct Answer :   Jammu and Kashmir


Jammu and Kashmir administration on October 18, 2021 and the Dubai Government have signed a Memorandum of Understanding (MoU) for real estate development, industrial parks, multipurpose towers, IT towers, medical college, logistics, super specialty hospital and various business enterprises in the Union Territory.
 
Union Minister Piyush Goyal said, with the signing of the MoU with Dubai Government, the world has started to recognize the pace with which Jammu and Kashmir is traversing on the development bandwagon. He said, the MoU gives out a strong signal to the entire world that the way India is transforming into a global power, Jammu and Kashmir is having a significant role in that as well.
 
The Union Minister observed that this MoU is a significant move towards rapid development and Industrial growth in J&K and is a milestone after which the investment will pour in from the entire globe and is a big developmental push. He said different entities from Dubai have shown keen interest in investment and the recent industrial package of 28,400 Crore rupees is a testimony towards ensured development of the Union Territory.

Published On : October 19, 2021
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