The Dubai-based company will build a dry port in Indian-administered Kashmir thecapitaldebates

Dubai-based multinational logistics company DP World will build a dry port in Indian-administered Kashmir. The project is part of the UAE's investment program in the region, Reuters quoted the company's regional head as saying.


The Dubai-based company will build a dry port in Indian-administered Kashmir
The Dubai-based company will build a dry port in Indian-administered Kashmir

The Indian government had said last year that Dubai, a condition of the United Arab Emirates, would put resources into foundation and different ventures in the contested region. Both India and Pakistan claim Kashmir and two separate parts Rule over To promote investment, Lieutenant Governor of Kashmir Manoj Sinha, who is in Dubai, said, "DP World will soon inspect 250 acres of land allotted for dry port in Kashmir."

We will finalize the plan soon, the lieutenant governor of Kashmir told Reuters. The Dubai-based company has expressed its strong commitment in this regard. A DP World representative said the organization had a "productive gathering" with Manoj Sinha on Thursday and a proposition for the venture was being worked out.

It was announced by Dubai last October that DP World would invest in the Kashmir region. This was the first announcement by any foreign government to invest in a Muslim-majority state since the end of Indian-administered Kashmir's sovereignty in 2019. In 2019, the state was divided into two parts and is now directly controlled from Delhi.

The Emirati newspaper Khaleej Times has published a report this week that Dubai-based construction company Aimar Properties will build a mall in Srinagar, the capital of Kashmir. The UAE-based Lulu Group, headed by an Indian tycoon, additionally plans to set up a food handling focus in the area.

However, investing in this center of militancy is also a big risk. The area is frequently attacked by militants and the Indian government often faces international criticism for cracking down on security forces. Lieutenant Governor of Kashmir Manoj Sinha says that as far as militancy is concerned. We are dealing with ... And I can assure you that it will be dealt with completely. Kashmir is a safe haven for foreign investment he insisted. 

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