UAE Set to Invest $461 Million in Unnao

Uttar Pradesh Eyes $461 Million Investment from UAE for Unnao Industrial Corridor and Aquaculture Development

Lucknow: On his recent official visit to Dubai, Manoj Kumar Singh, the chief secretary of Uttar Pradesh, held a number of high-level meetings with influential business figures to discuss potential investments and fortify strategic alliances meant to accelerate the state’s economic development. Talking with Sheikh Ahmed Bin Mana Bin Khalifa Al Maktoum, the chairperson of Aquabridge Holdings and a member of the UAE royal family, was a major highlight of the trip. They discussed a large investment proposal of $461 million to create the Unnao Industrial Corridor, with an emphasis on improving the aquaculture industry in Uttar Pradesh.

During his visit, the Chief Secretary also visited Dubai’s coastal market and reviewed its effective business strategy emphasizing on seafood production and marketing. The objective of the visit is to increase fish production in Uttar Pradesh and speed up marketing practices by replicating similar methods, especially in the state’s aquaculture sector. The establishment of such cutting-edge models in Lucknow to improve the state’s aquaculture ecology was also discussed.

Manoj Kumar Singh also met with Juma Mohammed Al Kait, the UAE Ministry of Economy’s Assistant Undersecretary for International Trade Affairs, to discuss potential investment prospects under the Comprehensive Economic Partnership Agreement between India and the UAE.

The Chief Secretary also met with Daniel Raymond Sellers, an expert in Foreign Direct Investment (FDI), and Mohammed Zainal Alzarooni, the Director of the UAE Investment Ministry. The presentation of Uttar Pradesh’s investment-friendly foreign direct investment (FDI) policy was made during these talks, and the idea of UAE investing in the state received positive feedback. Aniyan Kutty, CMD of Clarion Shipping Services LLC; Mohammed Al Hosani from the Abu Dhabi Investment Office; and Abdullah Mohammed Ibrahim, Group CEO of Mark AB Capital, were among the important stakeholders Singh also spoke with. According to a government spokeswoman, the main focus of these sessions was on investment prospects in industries like food processing and multimodal logistics, opening the door for future partnerships that might boost Uttar Pradesh’s economy even more.