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LoIs worth Rs 4,000 crore signed during CM Saini’s Sweden visit

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Chandigarh: During the historic visit to Sweden led by Haryana Chief Minister Nayab Singh Saini, Letters of Intent (LoIs) worth a total of Rs 4,000 crore were signed between the state government and Swedish companies. This important visit has opened new avenues for trade, investment and economic cooperation between Haryana and Sweden, as well as employment opportunities for the youth. Urban Local Bodies Minister Vipul Goel was also present on the occasion.

During the visit, a city-to-city collaboration agreement was reached between Gurugram and Stockholm. The two cities will work together in the areas of technological innovation, smart city solutions, sustainable urban development, knowledge exchange and investment promotion. This collaboration will strengthen the long-term partnership between the two cities.

In line with the vision of a strong and self-reliant India, the Haryana Government signed a major LoI worth Rs 3,000 crore. In addition, an agreement was reached on LoIs worth Rs 1,000 crore in the retail and warehousing sectors. These agreements are expected to bring modern warehousing infrastructure, the expansion of retail chains and new investment in the logistics sector to the state.

An important agreement was also reached to increase trade and promote economic cooperation between Haryana and Sweden. Swedish companies have assured that they will provide employment opportunities for Haryana’s skilled youth. This will open new avenues for skill development, training and employment of international standards for the state’s youth.

 

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