The visiting businessman noted that the investment in JK would be beneficial for both the countries – the UAE and India – and “especially for Jammu and Kashmir”.
A visiting delegation of foreign investors on Tuesday said Jammu and Kashmir is a “great opportunity” to invest and that its members will soon implement their investment proposals.
A business delegation from the Gulf States pays a four-day visit to the valley to explore investment opportunities in the Union Territory.
Speaking to reporters from SKICC here, Emirates International Investment Group CEO Abdulla Mohammad Yousuf Abdulla Alshaibani said there is a “great opportunity” to invest for visiting delegations.
“The people at JK are very nice. We felt so safe between (among) you, just like our family. This place is very beautiful, it is a piece of paradise. There is a great opportunity to invest from our entire team,” said Alshaibani, who has several companies involved in about 27 different sectors, including real estate, hospitality and agriculture.
Asked if the delegation was confident in investing in Kashmir, he said: “Let me tell you very seriously that we are not here to waste the time. We came here for something. We have taken a step, there is a step we are taking now and there is a step we are going to take very soon in the future.” The visiting businessman noted that the investment in JK would be beneficial for both the countries – the UAE and India – and “especially for Jammu and Kashmir”.
When asked if the group believed there was potential for investment in JK, Alshaibani replied: “Yes, there is. It’s 100 percent”.
This post Huge Investment Potential in JK: Gulf Delegation Visit was original published at “https://www.financialexpress.com/economy/huge-potential-for-investments-in-j-k-visiting-gulf-delegation/2468263/”