Lucknow, Nov 15 (KNN) The Uttar Pradesh government, ahead of the Global Investors Summit-2023 (UPGIS), has introduced a new online system for signing memorandum of understanding (MoUs) and monitoring their implementation.

As per reports, the monitoring of the MoUs will be done through the MoU tracking portal that was used to track the implementation of MoUs signed at the UP Investors Summit 2018.

A Government Order (GO) issued by Chief Secretary Durga Shankar Mishra has asked all the departments to nominate a nodal officer to be made responsible for follow up action on the portal.

UPGIS-2023 is being organised from February 10 to 12, 2023, with the objective of making Uttar Pradesh the "most preferred investment destination" and a trillion-dollar economy.

The portal will be accessible through the website of Invest UP and the single-window portal Nivesh Mitra. The Investment UP will be the nodal organisation for technical management of the processing of the MoUs' signing.

The Uttar Pradesh government in the upcoming Global Investors’ Summit is aiming to attract investments worth Rs 10 lakh crore to the state.  (KNN Bureau)