Five Memoranda of Understanding (MOUs) signed during his visit to Singapore and Hong Kong.

Chandigarh, May 26 – The Haryana Chief Minister, Mr Manohar Lal, disclosed here today that the five Memoranda of Understanding (MOUs) signed during his visit to Singapore and Hong Kong, would not only garner an investment of Rs 18,000 crore, but would also provide employment to about 10,000 youth.
Addressing a press conference, he said probably he was the first Chief Minister of the state to visit Singapore and Hong Kong. Prior to this visit, he had visited United States, Canada, Japan and China and the sole aim of these visits had been to bring investment to the state.
In reply to a question, Mr Manohar Lal said that during his visit to these countries, 14 MOUs were signed out of which nine were in advanced stages of implementation whereas work was apace on the remaining five.
The state government has appointed one relationship manager each with companies with whom MOUs have been signed to facilitate them and also to resolve all issues and answer their queries.
The Chief Minister said that about 450 MOUs were signed during the Happening Haryana Global Investors Summit-2016 organized at Gurugram out of which in the case of 152 MOUs, either land or license had already been taken. MOUs worth Rs 86,000 crore have materialized which would provide employment opportunities to 1.61 lakh youths.