JK gets first FDI project post-Article 370 abrogation

Updated: Mar 19 2023 4:55PM

JK gets first FDI project post-Article 370 abrogation

Srinagar, Mar 19 (PTI) The makers of Burj Khalifa on Sunday marked their formal entry into Jammu and Kashmir, performing the groundbreaking ceremony for the first foreign direct investment in the Union territory -- a shopping mall and a multipurpose tower in the outskirts of Srinagar.

Lieutenant Governor Manoj Sinha performed the groundbreaking ceremony for the Rs 500 crore project that envisages creating over 10,000 jobs in the valley.

This is the first FDI project in Jammu and Kashmir after Article 370 was repealed by the Centre in 2019.

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