UP collaborates with US university to build smart city of knowledgetext_fields
Lucknow: The Uttar Pradesh government has signed an agreement with the US-based Austin University for the construction of a Smart City of Knowledge. It will be built on 5,000 acres of land with a budget of $42 billion.
The project will include the top universities in the world. Ashraf Ali Mustafa, President of Austin University, said it is expected to completely change the picture of higher education in India.
Eight teams of ministers and officials are on tour to 18 countries to attract investments. The delegation met members of the global entrepreneurship organisation TiE and Indians who contributed to the creation of Silicon Valley in San Francisco. The goal is to make a Silicon Valley in UP for Indians.
Yukinori Kobe, director of Seiko Advance Limited, has signed an MoU worth Rs 850 crore to set up a manufacturing unit in Gautam Buddha Nagar. Industrial Development Minister Nand Gopal tweeted that his foreign tours were very successful in terms of attracting investments. Other than Japan, the delegation conducted road shows in Germany, Belgium, and Sweden. Deputy Chief Minister Keshav Prasad Maurya and IT and Electronics Department Minister Yogendra Upadhyay will be visiting the Netherlands and France.
The government is expecting to create thousands of employment opportunities and attract investments of Rs 10 lakh crore at the Global Investors Summit to be held on February 10-12, 2023.
Star Consortium will provide data centre and logistics services in the state while SLG Group will build the Capital Data Centre. The US-based Saloni Heart Foundation has also signed an MoU in the presence of Minister Suresh Kumar Khanna and additional chief secretary (Infrastructure and Industrial Development) Arvind Kumar in San Francisco, said an official statement.