Team Yogi signs MoU to Build Knowledge Smart City

Team Yogi, which has succeeded in garnering foreign for the state through roadshows overseas, has signed a memorandum of understanding (MoU) with Austin University in San Francisco, USA, to build a Knowledge Smart City at a cost of $42 billion (about Rs 35,000 crore).

To be built on 5,000 acres of land, the Knowledge Smart City will include the best universities of the world. Besides, Star Consortium will provide data centre and Logistics Services in the state whereas SLG will build a Capital Data Centre. With these investment proposals and MoUs, thousands of EMPLOYMENT opportunities will be available to the people of the state.

It is notable that Chief Minister Yogi Adityanath has set a target of attracting investments of Rs 10 lakh crore through the Global Investors Summit to be held in Lucknow between February 10 and 12. To fulfill this goal, Yogi has sent eight teams of ministers and officials to 18 countries to attract investment through roadshows and trade shows.

The US-based Saloni Heart Foundation has also signed an MoU in the presence of Uttar Pradesh Finance Minister Suresh Khanna and Additional Chief Secretary, (Infrastructure and Industrial Development) Arvind Kumar in San Francisco, USA.

The Uttar Pradesh State Industrial Development Authority (UPSIDA) signed an agreement with Star Consortium Pvt. Ltd for data centre and logistic services in Uttar Pradesh. Through this MoU, an investment of Rs 2000 crore will be made in Uttar Pradesh and hundreds of people will get employment opportunities in the state.

Similarly, an MoU was signed with Singapores SLG Capital for setting up a data centre in the state. With the investment of $100 crore (Rs 8,273 crore), the state will get employment opportunities along with technical Growth.