Srinagar

Jammu and Kashmir Lieutenant Governor Manoj Sinha on Tuesday promised “global standard end-to-end facilities” for the businesses in the Union Territory.

Addressing the Gulf Countries investment summit at Srinagar, Sinha said that he highlighted the scope for J&K and GCC companies’ economic cooperation to make “this paradise on earth as the most beautiful investment destination in the world.”

He said the visit of CEOs of top companies, entrepreneurs, start-up representatives, exporters in Jammu and Kashmir was an expression of confidence of the industry leaders in the potential for business cooperation between the UT and Gulf countries.

“India’s relationship with Gulf countries is being translated into a vibrant, revitalized economic partnership with J&K that will not only diversify our export basket but will also create a conducive environment for expansion of the existing trade. We have worked with a coherent framework in last 2 years to harness immense natural resources, economic potential of J&K,” Sinha said.

He said that government has worked out a blueprint to “unlock investment flows.” 

“We promise to provide global standard end-to-end facilities for the businesses, skilled workforce, transparent and hassle-free regulatory mechanism and creation of necessary infrastructure wherever required.”

He said since his Dubai Expo visit earlier in January this year, many foreign companies from UAE have announced long-term plans for J&K. “We are ready to take relationship to a qualitatively new level and strengthen our economic partnership,” he said.