AP CM in the hunt of Investments for Andhraopradesh

     Written by : SMTV24x7 | Mon, Oct 23, 2017, 05:05 PM

AP CM in the hunt of Investments for Andhra pradesh

The AP Cheif Minister Chandrababu Naidu in his present foreign tour is striving hard to attract investments for the development of the state.Touring the United Arab Emirates (UAE) Babu had a brisk and fruitful Sunday.During this time he could clinch big deals and also got assurances for near future with extending business proposals.State Economic Development Board (EDB) officials had MOU with aviation city LLP .Both the deals turn out to be of Rs 48,750 crore.

Naidu in his lecture at Indian business and professional Council invited them to invest in AP. Soon AP will have an "Aero City" with advanced technology related to aeronautical sector.The completion of this project is expected to offer employment to 15,000 people directly and another 5000 indirectly.

Bin Jayed group will develop roads, harbours, Airports in State capital Amaravati, Inner Ring road (IRR), Vijayawada metro project, ramayapatnam post, beach corridors in both Godavari districts,Bhogapuram International Airport project will have direct investments from the group.

Chandrababu asked to make AP as Emirates hub by starting direct flights from Vijayawada, Tirupati,Vishaka to Dubai.The host country investors expressed willingness to start flights to these cities.when CM visited Burj Khalifa, he asked them to start amusement projects on the lines of Atlantis hotel, Aqua venture park around that.

He explained AP government is keen on weekend Holidays, Ramjan gifts, Christmas prizes, Sankranti presentations as part of that program.Babu offered government's cooperation and immediate response in IT field, Financial field, and other areas.