“Seize Investment Opportunities In Andhra Pradesh”
Chief Minister Outlines Investment Opportunities Across Regions in Andhra Pradesh
Invites Partnerships in Key Projects Across the State
Industrialists Express Strong Interest in Investing
On the Final Day of Singapore Visit, CM Holds Consecutive Meetings with Leading Corporations and Prominent Banking Representatives
Singapore, July 30:
Andhra Pradesh Chief Minister N. Chandrababu Naidu has reaffirmed that the state is richly endowed with vast resources and offers immense opportunities for business growth and development. During his visit to Singapore, he urged global corporate leaders to invest in Andhra Pradesh and become integral partners in the state’s progress. On the final day of his trip, the Chief Minister conducted a series of high-level meetings with senior representatives from leading multinational corporations.
CM Chandrababu Naidu outlined the Government of Andhra Pradesh’s comprehensive strategic development plans, detailing targeted regions and the specific approaches for implementation. These plans were shared extensively with the visiting business leaders.
The Chief Minister held focused discussions with key representatives from CapitaLand Investment (India), Mandai Wildlife Group, Sumitomo Mitsui Banking Corporation (SMBC), and Temasek Holdings to explore significant investment opportunities across multiple sectors.
In conversations with CapitaLand Investment (India) representatives Sanjeev Das Gupta and Gaurishankar Nagabhushan, the dialogue revolved around real estate projects, industrial parks, data centers, green buildings, and digital townships. The Chief Minister emphasized the potential to develop IT parks and plug-and-play workstations in cities like Amaravati, Visakhapatnam, and Tirupati. He also detailed plans to leverage the state’s ports and airports for economic growth and introduced the Hyderabad-Bengaluru-Amaravati-Chennai Airport Economic Corridor. The CapitaLand representatives informed the CM that they have invested in approximately 30-35% of IT parks in Hyderabad and expressed strong interest in further investments across Andhra Pradesh’s real estate and industrial sectors.
Dolphin City and Botanical Garden
In a meeting with Mandai Wildlife Group, Chief Minister Chandrababu Naidu discussed initiatives related to wildlife parks, eco-tourism, biodiversity complexes, and wildlife experience zones. He proposed collaboration to boost eco-tourism in areas such as Visakhapatnam and Tirupati—a suggestion welcomed by CEO Mike Barclay. The potential to replicate Singapore’s Garden City and zoo park models in Andhra Pradesh was also explored. The Chief Minister shared plans to develop ‘Dolphin City’ in Visakhapatnam and a Botanical Garden in Amaravati, expressing his desire for a partnership with Mandai Wildlife Group on these projects. CEO Barclay expressed readiness to invest in these and other sectors within the state.
Further, the Chief Minister engaged in detailed discussions with Rajeev Kannan, Managing Executive Officer of Sumitomo Mitsui Banking Corporation (SMBC), focusing on investment opportunities in industry, infrastructure, green energy, and urban development. CM Chandrababu Naidu outlined strategic projects such as the Drone City, Defence, and Civil Aerospace Corridor, planned for the Lepakshi and Orvakallu regions. The talks also covered financing options for these projects. The Chief Minister sought SMBC’s support for green energy initiatives and the development of industrial corridors, to which Mr. Kannan expressed keen interest in infrastructure lending and clean energy investments.
MSMEs, APIIC, and Joint Ventures
In a key meeting with Dinesh Khanna, Joint Head of Portfolio Development and Corporate Strategy at Temasek Holdings, CM Chandrababu Naidu sought support for the growth of MSMEs in Andhra Pradesh. Temasek Holdings showed strong enthusiasm to partner with the state government in promoting MSME development. The Chief Minister underscored the value of collaboration with Andhra Pradesh Industrial Infrastructure Corporation (APIIC) to accelerate progress. Discussions also covered the potential for joint venture projects across diverse sectors.
CM Chandrababu Naidu highlighted the wide-ranging opportunities available in Andhra Pradesh across green energy, food processing, healthcare, technology, and sustainable infrastructure. Temasek Holdings expressed a willingness to explore signing Memoranda of Understanding (MOUs) in these areas. The meetings were attended by Ministers Dr. P. Narayana, T.G. Bharat, and senior Andhra Pradesh government officials.
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