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10.54L cr investments will support growth: AP CM
Chief Minister N Chandrababu Naidu said the State’s economy will grow steadily with the development of industries and commerce in the coming years as an investment of Rs 10.54 lakh crore would be made in the State.
Vijayawada: Chief Minister N Chandrababu Naidu said the State’s economy will grow steadily with the development of industries and commerce in the coming years as an investment of Rs 10.54 lakh crore would be made in the State.
He said that the State government had entered into memoranda of understandings (MoUs) with various national and international companies during the CII Partnership Summit held in Vizag from January 27 and 28.
The Chief Minister wrote an open letter to the people of State on Thursday highlighting the MoUs reached between the AP and various companies. Naidu said the investments would be dedicated to the people of AP.
He said the MoUs were reached for setting up industries in the field of energy, IT, infrastructure, mining, tourism, textiles, food processing and animal husbandry, etc.
He said prestigious educational and health institutions would come up in capital region and would generate employment.
He said a world-class capital would be built in Amaravati with the support of the farmers who gave their lands.
