Andhra Pradesh Chief Minister N. Chandrababu Naidu will embark on a crucial foreign tour from January 19 right after the Sankranthi festival in pursuit of significant foreign investments for the State. The tour is aimed at projecting Andhra Pradesh as an ideal destination for global businesses and investors.
Under CM Naidu, the growth in the Andhra Pradesh economy has been vast as many have already set operations here. Today, he concentrates on reconnecting with businesses interested in investing initially but did not under the preceding government. His hope is the improvement in this business environment gives him a bright prospect of completing all their prepared plans for their investments.
Building on the success of the visit of Minister Nara Lokesh to the United States a few days back, where some of the potential investors were met, CM Naidu will lead a delegation including Nara Lokesh, Mandipalli Ramprasad Reddy, and Payyavula Keshav to attend the World Economic Forum (WEF) at Davos, Switzerland, between January 20 and 24. This will bring the world’s most powerful business leaders, policymakers, and investors onto one platform.
During the WEF, CM Naidu is going to focus on how Andhra Pradesh has transformed itself into an investment-friendly state. His team will present law enforcement progress in state govt, pro-business policies, and the dynamic economic environment that makes Andhra Pradesh an increasingly attractive destination for international investments.
Some of the key initiatives are technological innovation in the state, renewable energy projects, development of smart city, and other major infrastructure projects. All these point out the dedication of Andhra Pradesh towards sustainable growth, modernization, and providing an ecosystem which supports innovation.
This global investment drive thus indicates CM Naidu’s vision in positioning Andhra Pradesh as the hub of business and development to create employment, boost the state economy, and ensure sustainable development. As a result of this mission, the state hopes to strengthen its global reputation as the preferred destination for business and investments.
