Lulu group signs MoU with AP Govt to set up Lulu Mall and food processing and exports
Singapore govt signs MoU with AP govt for cooperation in digital transformation and urban governance
Vijayawada-Singapore flights soon: Union Minister
AMARAVATI: Andhra Pradesh attracted investments to a tune of Rs 11,91,972 cr by signing MoUs with four hundred companies in two days including on Thursday and on the first day of CII partnership summit today providing employmentopportunities to 13.32 lakh youth.
It may be noted that the state government signed 41 MoUs in the presenceof ChiefMinister. Meanwhile 324 MoUs signed in presence of ministers with an investment of Rs 8,41,786 cr. Majority of MoUs signed with APCRDA, Energy, Food processing, Industry, trade, IT and Municipal departments.
Meanwhile the Lulu International group signed MoU with Andhra Pradesh government in the presence of Chief Minister Chandrababu Naidu and Lulu group chairman MD Yousful Ali towards investments in various sectors including developing a Lulu Mall in Visakhapatnam at a cost of Rs 1,066 crore and food processing units.
The Lulu group chairman said that the group will start export of mango, guava pulp and spices from January. He said Logistics and Procurement export centre will be set up in Rayalaseema soon.
Chief Minister Chandrababu Naidu asked the Lulu group chairman to purchase agri products from farmers in Andhra Pradesh. He said that the Lulu mall is not a shopping mall and it will help to promote tourism in Visakhapatnam.
Later the Singapore government signed MoU with Andhra Pradesh for cooperation in urban governance, digital governance transformation and Sustainability in the presence of Chief Minister Chandrababu and Minister Nara Lokesh and Singapore minister Gan Siow Huang, Union Minister K Rammohan Naidu and Minister Nadendla Manohar.
Speaking on the occasion, Chief Minister Chandrababu Naidu said Andhra Pradesh is eager to work with Singapore which runs industries with innovative ideas. He said Singapore developed by adopting best public policies. Minister Lokesh opined that it is a good beginning to work with Singapore.
Union Minister Rammohan Naidu announced introducing flights between Vijayawada and Singapore for three days in a week soon.
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