Companies in UAE and Oman keen to invest in Karnataka projects - Kumaraswamy

Investors in United Arab Emirates (UAE) and Oman had evinced keen interest in participating in infrastructure projects in Karnataka, particularly in developing five satellite townships around Bangalore, Karnataka Chief Minister H D Kumaraswamy has claimed.

Addressing a press conference after his five-day trip to the UAE and Oman, Kumaraswamy said the diaspora from Karnataka in Dubai, Abu Dhabi and Muscat had shown keen interest in the Karnataka Government’s proposal to develop satellite townships around Bangalore. “We are looking forward to further interaction with them in the regard”, Kumaraswamy said.

During his visit to UAE, Kumaraswamy said he and Minister for Medical Education V S Acharya met several business leaders and investors, who were impressed with the strides Karnataka was making in the area of infrastructure development.

The business leaders were informed that Karnataka Government was formulating a new industrial policy and would encourage public-private partnership in building flyovers, roads, bus stands, parking lots, besides traffic management and health.

Kumaraswamy said the Karnataka, which occupied the second position in milk production in the country, was planning to export milk and milk products to the countries in the Gulf. “Karnataka has surplus milk production so we are planning to export it to the countries in the Gulf”, he said.

Describing his visit to Oman also as “fruitful”, Kumaraswamy said a business delegation from Oman would be visiting Bangalore to attend the Confederation of Indian Industries (CII) summit scheduled for January 2007.

During his visit to Muscat, the Chief Minister called on Oman’s Minister for Commerce and Industry Maqbool Ali Sultan and extended him an invitation to lead the business delegation to Bangalore.