Dubai & India Sign Accord To Build Infrastructure in J&K

Dubai & India Sign Accord To Build Infrastructure in J&K
19/10/2021 , by , in News/Views

Dubai has signed an accord to build infrastructure in Jammu and Kashmir, the Indian government said on Monday, at a time when the Himalayan region is seeing a resurgence in violence. The memorandum of understanding by Dubai, part of the United Arab Emirates, is the first investment agreement by a foreign government in the sensitive region following the withdrawal of Kashmir’s autonomy and the division of the Muslim-majority state into two territories directly ruled from New Delhi.

The New Delhi government said the agreement will see Dubai building infrastructure including industrial parks, IT towers, multi-purpose towers, logistics centres, a medical college and a speciality hospital.  “The world has started to recognize the pace (at) which Jammu and Kashmir is traversing on the development bandwagon,” Indian Trade Minister Piyush Goyal said. However, investment is fraught with risks in the heavily militarised region as evidenced by a spate of militant attacks on civilians and a widespread crackdown by security forces that has left several people dead.

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