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Investors from Gulf countries reach Srinagar

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Srinagar: The Union Territory (UT) of Jammu and Kashmir is all set to host a delegation from the Gulf countries at Srinagar to strengthen ties and look at the investment opportunities in the region.

The delegation reached here late Sunday, 20 March 2022 on a four-day visit, official sources said, adding, Lieutenant Governor, Manoj Sinha along with the Principal Secretary Industries and Commerce and other government officials will be showcasing investment opportunities with focus on entrepreneurship, tourism and hospitality sector.

“The visit follows shortly after the resounding success of the Jammu & Kashmir Week at the Dubai expo led by LG where he had extended invitations personally to the visiting officials. The UT is aiming to attract new investments in industries and tourism by highlighting key opportunities and growth sectors in J&K to the delegation,” an official spokesman said.

He said that the delegation will also visit Pahalgam and Gulmarg to explore investment opportunities in tourism and hospitality sectors.

“The programme scheduled is in line with the initiatives taken by the J&K government towards creating favourable infrastructure for export promotion and an entrepreneurial friendly environment. There will be pitch presentations of several importers, exporters and start-ups in J&K along with an overview of the cottage and silk industries, product displays and artisan meets,” added the spokesman.

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