UP eyes GCC hub spot at WEF annual meeting in Davos | Lucknow News

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UP eyes GCC hub spot at WEF annual meeting in Davos

Lucknow: The UP govt is set to participate in the annual meeting of the World Economic Forum (WEF) 2026 from Jan 19-23 in Davos, Switzerland, as part of its efforts to position the state as a preferred global investment destination.Invest UP, the state’s investment promotion and facilitation agency, launched the process to engage and onboard a professional agency for the task on Friday. “The delegation is likely to be led by state finance minister Suresh Khanna, besides industries minister Nand Gopal Gupta Nandi, who would be joined by officials, including those from Invest UP. Positioning UP as a destination for global capability centres (GCC) tops the list of focus areas that will be pushed by the delegation,” sources said. “The participation in WEF 2026 aims to build on the momentum created by the UP Global Investors Summit 2023 and other investment facilitation initiatives undertaken by the govt,” read the official document. The delegation plans to showcase UP’s industrial growth story, policy reforms and sectoral opportunities to a global audience comprising international investors, industry leaders, diplomats, policymakers and multilateral institutions. The engagement is expected to include curated branding, investment-focused presentations, multimedia showcases and bilateral meetings. Key objectives of UP’s participation include highlighting ease of doing business, transparent governance and time-bound implementation of projects, strengthening investor confidence and enhancing UP’s global brand visibility. The delegation will also facilitate structured interactions between global investors and senior govt leadership to explore fresh investment opportunities across priority sectors. For effective planning and execution of its participation, Invest UP plans to appoint a professional agency to manage the state’s presence at the forum. Officials said the initiative will help create a visually engaging environment reflecting the progress of investment initiatives and demonstrate UP’s commitment to promoting sustainable and inclusive industrial growth.

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