Singaporean companies to invest Rs 18,000 crore in Haryana

More than Rs 18,000 crore will be invested in Haryana through various Singapore based companies. These companies have signed five Memoranda of Understanding (MoUs) with Haryana government where they have agreed to invest in various state development, infrastructure and industrial projects.

“We will see investments in infrastructure, industrial sector and other related sectors. These five MoUs are worth Rs 18,000 crore of investment in the state,” said the Chief Minister of Haryana, Manohar Lal Khattar, while signing the MoUs in the presence of more than 100 Singaporean businessmen.

 Meinhardt Group, YCH Logistics for Logistics projects, Ascendas Singbridge for Townships/Logistics parks development, Adonis for Wellness projects and equity investor Equis Energy which makes investments in a wide range of projects, including transmission and power distribution among others are part of this deal.