Naidu pitches Andhra Pradesh as best, safest destination for investments at Singapore forum

Chief Minister N. Chandrababu Naidu on Monday described Andhra Pradesh as the most effective and most secure vacation spot for investments, assuring full authorities help to industries.

Talking on the A.P.–Singapore Enterprise Discussion board Roadshow in Singapore, a lead-up to the Partnership Summit in Visakhapatnam this November, Mr. Naidu highlighted huge funding potential in aerospace, defence, agri-tech, semiconductors, meals processing, logistics, biotech, tourism, and different sectors. He stated Andhra Pradesh affords each alternative and safety for buyers, supported by industry-friendly insurance policies underneath the Swarna Andhra 2047 Imaginative and prescient. Recalling Singapore’s earlier position in drafting the Amaravati grasp plan, he stated the current authorities is eager to revive ties and invited Singapore corporations to collaborate with A.P. Mr. Naidu stated the State was shifting to inexperienced power, growing logistics corridors in Amaravati, Visakhapatnam, and Tirupati, and strengthening its expert workforce. He additionally famous the presence of six operational ports and 4 extra underneath development, and the benefit of three main industrial corridors.

Andhra Pradesh is constructing a Quantum Valley in Amaravati, integrating knowledge by means of a knowledge lake, and prioritising Synthetic Intelligence adoption, he added. The State’s WhatsApp governance mannequin has additionally emerged as a trendsetter. Ministers Nara Lokesh, P. Narayana and T.G. Bharat had been current.