UP, Mexico join hands for investment in tourism, infra sectors

U.P. and Nuevo Leon Forge Business Bonds

A Memorandum of Understanding (MoU) for investment in the tourism, infrastructure, pharmaceutical, and medical sectors in Uttar Pradesh was signed on Saturday by the Yogi government and the Mexican state of Nuevo Leon.

Yogi Adityanath, the Chief Minister of Uttar Pradesh, and Samuel Garcia Cefalveda, the Governor of Nuevo Leon, were present when the MoU was signed. Ivan Rivas Rodriguez, the economics minister for Nuevo Leon, and IIDC Manoj Kumar exchanged the MoU.

Welcoming Cefalveda and the delegation accompanying him, Yogi said, “Strong industrial relations are being established between U.P. and Nuevo Leon today based on friendship, trust and harmony with the signing of the agreement.”

According to the Chief Minister, Uttar Pradesh is the most business-friendly state in the nation.He claimed that the Governor of Nuevo Leon and his team’s exploration of potential industrial investment opportunities in the state was crucial for Uttar Pradesh. Under the leadership of Prime Minister Narendra Modi, Uttar Pradesh had also elevated itself to the position of best international investment destination.

“Both UP and Nuevo León are dedicated to development and we are committed to carrying forward this tradition. Uttar Pradesh is a very important place not only for agriculture, but also for the tourism sector.

The state boasts of modern infrastructure, network of expressways, excellent interstate connectivity, air connectivity, rail network, access to eastern port through inland waterway and dedicated freight corridor junction. Today UP has become the hub of logistics and transport. Apart from this, we have brought 25 sectoral policies to attract industrial investment. Today, investors are being given excellent facilities for investment in Uttar Pradesh,” CM Yogi said.

Nuevo Leon governor Garcia Cefalveda said, “It is a matter of good fortune for me that I am establishing mutual business relations by meeting Uttar Pradesh chief minister Yogi Adityanath and members of his cabinet. We look forward to working together in various fields. Uttar Pradesh and Nuevo León are very close to each other. Our state is an industrial region of Mexico and in the same way investments are being made on a large scale in India’s Uttar Pradesh today.”

He further added,“India and Mexico are not far from each other despite the distance of 14,000 kilometres between the two countries. Just as Uttar Pradesh has a zero-tolerance policy against crime, in Nuevo León we have been able to maintain the rule of law.”

The Governor extended an invitation to Team UP to Nuevo León. He said, “We both have to increase trade with each other through mutual cooperation. I am sure that with today’s MoU, both of us will move forward on the path of development and progress.”

On the occasion, Brajesh Pathak, the deputy chief minister, Sanjay Nishad, the state’s minister of fisheries, Nand Gopal Nandi, the industrial development minister, Emmanuel Loo, the deputy secretary for investment for Nuevo Leon, Durga Shankar Mishra, the IIDC’s Manoj Kumar Singh, and Sanjay Prasad, the principal secretary for the home, were present.

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