Uttar Pradesh and Singapore will become mutual partners for economic cooperation
Impressed by the policies of the Yogi government, Singapore and its companies are enthusiastic about economic cooperation and investment in Uttar Pradesh. In this sequence, Singapore’s Ministry of Trade and Industry has signed an MoU for the first time with the UP government other than UPGIS. Under the agreement, the Government of Singapore and Uttar Pradesh will cooperate in areas of mutual interest such as urban development, sustainable development industry and skill development. This collaboration will enable Singapore and its companies to better understand Uttar Pradesh and showcase their expertise Will make This is the first MoU between the Government of Singapore and the Government of Uttar Pradesh. The MoU will facilitate greater cooperation between the two governments in mutually beneficial areas of economic development.
This collaboration between UP and Singapore has been identified in five key areas. Under this, a pilot project is being started in Kudha Keshavpur, Ayodhya in urban development, under which the help of smart water technology will be taken to enhance the water sustainability of Uttar Pradesh. At the same time, Sustainable Industrial Park, upgrading and digitization of MSMEs, content development, training pedagogy (pedagogy training), training of trainers, certification as well as training of civil servants and government officials are included. Planning, monitoring, cooperative activities of the MoU. A Joint Partnership Committee (JPC) will be constituted for implementation and review.
The JPC will comprise senior officials from Singapore and Uttar Pradesh with expertise in the respective fields. JPC will mutually decide whether they need other agencies for better management under the MoU. This JPC will submit continuous progress reports to the Permanent Secretary (Development) of Singapore’s Ministry of Trade and Industry as well as to the Chief Secretary of the Government of Uttar Pradesh. It is notable that 21 Singapore companies and 58 delegates took part. Countries like Singapore, Japan, Netherlands and Denmark have also joined UPGIS as partner countries.
A dedicated Singapore pavilion was also set up here, which attracted investment from Singapore companies in sectors ranging from basic infrastructure, education to logistics. Enterprise Singapore also facilitated discussions between Singapore and the Government of Uttar Pradesh which resulted in six New MoU was signed. These MoUs will enable the six companies to step up their project investments and continue to pursue development opportunities in line with the state’s efforts such as development of urban infrastructure, waste management, IT parks and data centres, as well as education.
