Singaporean companies have pledged over 19,877 crore rupees in investments in Uttar Pradesh, following meetings between Prime Minister Lawrence Wong and Chief Minister Yogi Adityanath. The commitments were announced after a two-day visit by Adityanath to Singapore, where he secured memoranda of understanding (MoUs) with several firms in sectors such as logistics, infrastructure, and renewable energy.

Infrastructure and Logistics Development

During his visit, Adityanath signed three MoUs with Universal Success Group, totaling 6,650 crore rupees. These agreements cover the development of a group housing project, a logistics park, and a data center in Uttar Pradesh. The projects are expected to generate over 20,000 jobs and enhance the state’s industrial and urban infrastructure.

The first MoU involves the development of an international theme-based township on 100 acres near the Jewar International Airport. The project requires an investment of 3,500 crore rupees and is set to create around 12,000 jobs. Scheduled for launch in 2027, the township aims to expand the urban landscape around the airport.

The second MoU focuses on a logistics park on 50 acres along the Kanpur-Lucknow Highway, with an investment of 650 crore rupees. This project is projected to create 7,500 jobs and is also planned for 2027. Officials stated that the facility will play a key role in strengthening industrial and export activities in the state.

Data Center and Renewable Energy Investments

The third MoU provides for the establishment of a 40 MW IT power capacity hyperscale data center park on 10 acres in the Noida/Greater Noida region, with an investment of 2,500 crore rupees. The project is expected to create around 1,500 jobs and is targeted for launch in 2028. Officials noted that this investment will help position Uttar Pradesh as a leading data center hub in India.

In addition to these agreements, Golden State Capital (GSC) announced an investment of 8,000 crore rupees for a 100-megawatt capacity data center in Uttar Pradesh. This project is seen as a significant step toward positioning the state as a leading data center hub in the country.

The Private Infrastructure Development Group (PIDG) signed an MoU for an investment of 2,500 crore rupees in renewable energy, green hydrogen, and agri-solar (Agri-PV) projects. AVPN Limited also expressed a commitment to invest 2,727 crore rupees in the renewable energy and Agri-PV sectors. These initiatives will further strengthen Uttar Pradesh’s green energy goals.

Policy Framework and Institutional Support

Adityanath assured investors that the Uttar Pradesh government is committed to providing a transparent policy framework, prompt approvals, and superior infrastructure facilities. He also had a meaningful discussion with Singapore’s foreign minister, Vivian Balakrishnan, focusing on strengthening Uttar Pradesh-Singapore cooperation under the Thorough Strategic Partnership.

Adityanath met with officials from Singapore’s investment-focused government entities and discussed opportunities for sovereign investment participation in his state. He highlighted the state’s policy framework and fast-track clearances for global investors.

During his visit, Adityanath also met with Lim Chow Kiat, Chief Executive Officer of GIC, and discussed avenues for long-term institutional investments in Uttar Pradesh, particularly in infrastructure, logistics, industrial parks, and sustainable urban development projects. He appreciated GIC’s existing partnerships in the state, including its association with IRB in the Ganga Expressway project and collaboration with Greenko.

Adityanath also met with Tan Su Shan, Chief Executive Officer of DBS Group, and Teo Chee Hean, Chairman of Temasek Holdings. He reviewed a detailed presentation by the Institute of Technical Education (ITE) on skill development and training. ITE is already running several programs in India, including the North East Skill Centre (NESC) under the Assam Skill Development Mission (ASDM).

Adityanath’s visit to Singapore marks his first foreign tour as Chief Minister since his visit to Myanmar in 2017. After his stay in Singapore, he will travel to Japan on February 25 and 26, where he will engage with industry representatives on green hydrogen, supply chain development, and hospitality investments.

Following his meetings with investors, Adityanath interacted with members of the Indian diaspora and students, sharing the state’s development journey and its vision of becoming a trillion-dollar economy.