Chandrababu Naidu woos Singapore investors

Our Bureau Visakhapatnam | Updated on March 12, 2018 Published on January 13, 2015

Chief Minister N Chandrababu Naidu explaining the Gangiredduperformance to Singapore Minister for Trade and Industry S Iswaranat the Sankranti Sambaralu in Visakhapatnam. - KR DEEPAK

Promises land and facilities for projects

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.

Published on January 13, 2015
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