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The two-day partnership summit of the Confederation of Indian Industry (CII) which concluded here on Saturday evening was a thumping success, according to Chief Minister N. Chandrababu Naidu.
He said more than 2,000 delegates from all over the country and abroad attended the summit and deliberated upon important issues relating to the Indian economy and global economy. "It is an immensely happy occasion for me and the people of the State," he said.
The Chief Minister said that during the summit the AP Government and different companies had signed 665 MoUs entailing a total investment of Rs 10.5 lakh crores, generating 22 lakh new jobs. "During the CII summit last year, 328 MoUs were signed entailing investment of Rs 4.67 lakh crores in the State. It is a huge success from the State's point of view. We will now pursue all the projects and get them grounded as soon as possible," he said.
He said the PSU oil companies such as the ONGC, the HPCL, and the GAIl were investing huge sums of money in the State, making it the petro hub of the country. In the other sectors, too, agreements had been signed for major projects. "From now on, we will be after you to start work on the projects," he told the industrialists assembled at the venue.
State Governor E.S.L Narasimhan said the State had made rapid strides since the bifurcation in 2014.
Union Civil Aviation Minister P. Ashok Gajapati Raju also spoke at the valedictory session.
sarma.rs@thehindu.co.in
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