Thursday, May 21, 2015

Singapore helps AP scouts for capital investors


Hyderabad, May 21: Special Envoy between Government of Andhra Pradesh and Singapore Mr. Gopinath Pillai called on Chief Minister Sri N. Chandrababu Naidu today at secretariat.

Mr. Pillai informed the Chief Minister that they are currently exploring investment opportunities and financial institutions that will fund Andhra Pradesh's projects.

Explaining that the state is a hub of natural resources, the Chief Minister added that the state is a hub of natural resources. 'We have found means to generate revenue through red sanders,' he added.

Seeking for specific association on projects, the Chief Minister said the state is adopting the proven Swiss Challenge method to throw open the competition for projects among 'We are aiming at sustainable double-digit growth this year. For this, we are going ahead with a focused-scientific approach,' he added.

Stating that Singapore is currently paying attention towards cyber security, Mr. Pillai sought co-operation from Andhra Pradesh to work together. 'We can outsource people to Andhra, thereby creating a win-win situation for all, he added.

In this context, the Chief Minister informed the delegation that the government has incorporated technology into governance by creating digital repositories.

Stressing on the scope of tourism in the state, he added that that Vijayawada, Vizianagaram and Tirupati have good picturesque locations which can turn into potential tourist hubs.

'Our state capital Amaravathi also has strong Buddhist reins,' he Mr. Pillai informed the Chief Minister that the National University of Singapore evinced interest in introducing some of its modules by working with Andhra University.

The Government of AP and Government of Singapore have already signed an MoU on the "Ease of Doing Business."

Principal Secretary to CM Satish Chandra, Secretary (Energy & Infrastructure) Ajay Jain, Secretary (industries) SS Rawat, Secretary (Finance) PV Ramesh, APSSDC CEO Ganta Subbarao and other officials were present.

No comments:

Post a Comment