‘Invest UP’: Yogi govt to form ‘corporate team’ to serve as interface between investors & govt depts

New Delhi: After getting a mega investment commitment from industrialists during his Mumbai tour, Yogi Adityanath government has initiated process to professionalize its investment promotion and facilitation agency – ‘Invest UP’ in right earnest.

Under the ‘Invest UP’ programme, state govt will engage professionals with ample experience for seamless integration of investment promotion and facilitation streams. It will be led by a Chief Operating Officer (COO) and a total of 44 professionals will be recruited for efficient implementation of govt schemes.

Additional Chief Secretary, Infrastructure & Industrial Development Alok Kumar said that in a first-of-its-kind initiative, the State government had decided to engage highly qualified professionals from business and management sphere with ample experience for seamless integration of investment promotion and facilitation streams.

Alok Kumar, who is also the Member-Secretary of the Governing Board of ‘Invest UP’, told media, “In all 44 professionals are proposed to be recruited to enhance the efficiency of services to investors and industrialists. In the first phase, five well-qualified persons will be recruited, including a Chief Operating Officer (COO) to lead the investment promotion functions of the agency under the guidance of the Chief Executive Officer (CEO).”

With the objective of hiring exceptionally qualified and deserving talent, State government has decided to offer the market driven remuneration to the selected candidates.

It may be noted that the U.P. Government has set up dedicated Investment Promotion and Facilitation Agency – ‘Invest UP’. The agency provides support to the investors interested in investing in the State and acts as the interface between the various government departments and the Investors to foster the investor friendly environment in the State.