Srinagar- The ‘Mall of Srinagar’, which is the first Foreign Direct Investment (FDI) in Jammu and Kashmir, is going to create employment opportunities for more than 7000 persons, documents reveal.
Earlier in March this year, Jammu and Kashmir (J&K) lieutenant governor Manoj Sinha laid the foundation stone for a ₹250-crore mega shopping mall at Srinagar’s Sempora area.
The Mall of Srinagar is being constructed by Dubai-based Emaar Group, the builder of the world famous Burj Khalifa in the United Arab Emirates.
The foundation stone of the state-of-the- art mall was laid almost a year after CEOs from several Gulf countries visited the Valley to explore investment opportunities.
“Mall of Srinagar” as per the documents available, will create jobs for 7500 people, thereby becoming the first single mega job creating asset of Jammu and Kashmir.
