Andhra Pradesh Chief Minister N Chandrababu Naidu has urged investors from Singapore to invest in different sectors in Andhra Pradesh after bifurcation, promising them quality power supply and other facilities.
He was addressing local industrialists here on Tuesday at an interactive session in which a visiting team from Singapore also participated. The team was headed by Singapore Minister for Industries Easwaran.
He said Singapore was preparing the master plan the new capital of Andhra Pradesh free of cost and Japan was also evincing interest in projects in AP.
He said the stretch between Visakhapatnam and Kakinada would be developed as a logistics hub with a number of ports. “We already have three functioning ports in the region – Visakhapatnam, Gangavaram and Kakinada. Another port is coming up in the East Godavari district near Kakinada and we are planning another one at Nakkapalli in Visakhapatnam district,” he said.
He said Visakhapatnam would be developed as an IT destination, tourism hub as well as also an educational centre. “The foundation stone for the Indian Institute of Management (IIM) campus will be laid here on Saturday and the Birla group wants to set up a public school. They have sought 40 acres of land. It will be provided to them. I am also urging them to set up a branch of BITS-Pilani,” he said.
Singapore Minister Easwaran said there were two or three critical areas such as IT, tourism and port development in which Singapore investors would be interested. “Your have a very persuasive CM. He will not rest till he gets what he wants,” he remarked.
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.