FHRAI signs MoU with J&K govt to develop hospitality infrastructure

The MoU was signed at the Real Estate Summit 2021 in December.

In an effort to develop hospitality infrastructure in Jammu & Kashmir, the Federation of Hotel & Restaurant Associations of India (FHRAI) has signed an MoU with the Government of Jammu & Kashmir.

The MoU was signed on December 27 at the Real Estate Summit 2021 jointly organized by the Government of Jammu & Kashmir, the Ministry of Housing and Urban Affairs (MoHUA), Govt. of India, and National Real Development Council (NAREDCO) at the Jammu Convention Centre.

Fhrai signed an mou with j&k govt at the real estate summit 2021 in december
FHRAI signed an MoU with J&K govt at the Real Estate Summit 2021 in December.

“New developments in hospitality will give a strong push to economic growth through increased investments and will create more employment opportunities in the region,” says Gurbaxish Singh Kohli, Vice President, FHRAI.

This is the first time in India that a joint MoU has been signed between an association of hotels and restaurants and the government. Thirty-nine MoUs were signed for the development of housing, hotels, and commercial projects.

Hardeep Singh Puri, Union Minister for Housing & Urban Affairs, graced the event, which focused on providing an effective platform to showcase potential real estate investment opportunities and intensive discussions were held on the policy and regulatory framework.

Jitendra Singh, Union Minister of State for PMO, Manoj Sinha, Lieutenant Governor of J&K, Durga Shanker Mishra- Secretary, Ministry of Housing & Urban Affairs, GoI and various dignitaries from the J&K Tourism Ministry, were present at the event.

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