‘6,000 acres of land in J&K to be handed over to investors’
Jan 29: The Jammu and Kashmir government has identified 6,000 acres of land
across the Union territory for potential investors who will take part in the
J&K Global Investors Summit in April, officials said Wednesday.
thousand of the total 50,000 kanals of land have been identified in the Jammu
region as against 10,000 in the Kashmir Valley. The land identified mostly
falls in the districts of Samba and Kathua in Jammu region, and Pulwama and
Anantnag districts in the Kashmir Valley.
summit will be open for all the global investors and to local industrialists as
well as those from other parts of the country who want to set up and expand
their businesses in Jammu and Kashmir,” Ravinder Kumar, MD, SIDCO told IANS.
January 20, Jammu and Kashmir Lt. Governor Girish Chandra Murmu had said that
the first ever Jammu and Kashmir Global Investors Summit will be held in
J&K in April. Speaking a pre-investors global summit in Delhi, Murmu had
said that sectoral seminars will be organised and the main events will be held
government has started a campaign to bring Jammu and Kashmir on the industrial
map of the country.
will be organising road shows in other states and holding conclaves to attract
investors to Jammu and Kashmir,” Kumar said. He said it is going to be a
three-day summit that would be held in Srinagar as well as Jammu.
government had planned to organise a global investors summit in October 2019
but it was postponed. The event will be the first major industrial activity in
Jammu and Kashmir after the abrogation of Article 370 on August 5, 2019.
investors can now also purchase the land which is made possible by the
revocation of Article 370, and take the land on lease as well.
have identified the land in different areas across Jammu and Kashmir, and it is
going to be state land. However, land can also be procured from the private
parties as well,” Ravinder Kumar said.
government expects certain key areas to be the focus of the global investors
summit like the health and education sectors.