Noida: Chief minister Yogi Adityanath began his Singapore visit by steering three investment agreements worth Rs 6,650 crore with Universal Success Group, pitching them as a boost to the fast-changing economic belt taking shape around the upcoming Noida International Airport.
The MoUs involved a Rs 3,500-crore international theme-based township near Jewar, a Rs 2,500-crore hyperscale data centre park in Greater Noida and a Rs 650-crore logistics park on Kanpur-Lucknow highway. Officials said the combined proposals were expected to create over 20,000 jobs across housing, logistics and digital infrastructure.
According to a state govt statement, the township will be developed on 100 acres allotted by Yamuna Expressway Industrial Development Authority (YEIDA). The Rs 3,500-crore project is slated to start in 2027 and is intended to give the region "a new urban identity" as development accelerates around the airport.
The Greater Noida data centre park, planned on 10 acres, will have an IT load capacity of 40MW. The Rs 2,500-crore project is scheduled to start in 2028. The govt said the investment would strengthen UP's push to emerge as a data centre hub, backed by policy incentives and improving digital infrastructure.
The third MoU is for a logistics park on 50 acres along Kanpur-Lucknow highway, with an investment of Rs 650 crore. Proposed to begin in 2027, the facility is expected to generate around 7,500 jobs. Officials said it would strengthen supply chains and support industrial and export-oriented activity in central UP.
During interactions with industry leaders in Singapore, Adityanath highlighted UP's "policy stability, a rapidly expanding expressway network and improving connectivity through air, road and rail corridors". He assured investors of state support "at every level" to ensure time-bound implementation.
In separate engagements, the chief minister met Teo Chee Hean, chairperson of Temasek Holdings, to discuss expanding the firm's footprint in the state. Temasek manages a global portfolio of about $400 billion, with nearly $50 billion invested in India. Adityanath invited Temasek to explore opportunities in infrastructure, logistics, fintech-led city development and allied sectors.
According to the statement, Temasek portfolio company Manipal Hospitals is investing about Rs 500 crore in Ghaziabad, while Ascendas is committing around Rs 500 crore towards logistics and warehousing projects in the state. Both sides agreed to explore collaboration in data centres and skill development.
Adityanath also held a high-level meeting with Lim Chow Kiat, chief executive officer of the Government of Singapore Investment Corporation (GIC), Singapore's sovereign wealth fund. The discussions focused on long-term investments in infrastructure, renewable energy, logistics corridors, integrated townships and digital platforms aligned with the MSME ecosystem.
In another meeting, he held talks with Tan Su Shan, chief executive officer of DBS Bank, and discussed cooperation in digital banking, semiconductor manufacturing and green energy initiatives.
The chief minister also paid a courtesy call on Singapore Prime Minister Lawrence Wong, with both sides reaffirming their commitment to strengthening bilateral economic and strategic cooperation, focusing on higher investment flows and stronger institutional partnerships.
The CM signed six MoUs worth Rs 19,877 crore with four companies in total. Apart from Universal, Golden State Capital announced an investment of Rs 8,000 crore for establishing a 100MW capacity data centre in UP.
Another major MoU was signed with Private Infrastructure Development Group for an investment of Rs 2,500 crore in renewable energy, green hydrogen, and agri-solar projects. AVPN Limited also signed an MoU to invest Rs 2,727 crore in renewable energy and Agri-PV.In
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