Finance Minister Buggana Rajendranath Reddy said that Andhra Pradesh has been number one in ease of doing business for three consecutive years. He said that AP is at the top in the country in agriculture based products and the state is the destination for skilled human resources.
First Published Mar 3, 2023, 2:36 PM IST
It is known that the Andhra Pradesh government is organizing the Global Investors Summit in Visakhapatnam from today with the aim of bringing investments to the state. On this occasion AP Finance Minister Buggana Rajendranath Reddy said that AP has plenty of natural resources. Rajendranath Reddy explained that there is a cosmopolitan culture in the city of Visakha.. Here there are good opportunities in the field of renewable energy. Buggana revealed that Andhra Pradesh is number one in ease of doing business. He mentioned that Andhra Pradesh has been number one for three consecutive times in this regard.
Rajendranath Reddy revealed that industrial development will take place in those areas only because of resources and facilities. He said that AP is at the top in the country in agriculture based products and the state is the destination for skilled human resources. Rajendranath Reddy disclosed that AP has no competition regarding the opportunities in the field of renewable energy. He said that under the leadership of Chief Minister Jaganmohan Reddy, Andhra Pradesh is taking a step forward in every field.
Also Read: Rs. 13 lakh crore investment in Visakhapatnam Global Investors Summit
Earlier, Chief Minister YS Jagan said that he will solve the problems of industrialists with a single phone call. The CM said that skill development is moving towards industrial development with colleges. CM Jagan said that AP will play a key role in green hydro energy in the future. Rs. CM Jagan has announced that he has signed agreements with many companies to invest 13 lakh crore. He said that AP state will host the important G20 summit. CM Jagan explained that AP has unique geographical conditions. He reminded that there are six ports in the state. Jagan said that four more new ports will also come up. He said that AP has brought revolutionary reforms in key sectors. CM Jagan said that we are moving towards providing employment to six lakh people in 20 sectors.
The Chief Minister said that he is going ahead with a friendly industrial policy. He said that today the state government has signed agreements with 92 organizations. CM Jagan announced that 340 companies have come forward to invest in the state. The CM said Visakhapatnam is a month not only for investments but also for natural beauty. The CM mentioned that there is an active government in power in the state of AP. There is ample land available in the state. CM also said that exports from Andhra Pradesh have increased.
