‘Hyd will be transformed into a global investment destination’

Civil Supplies and Irrigation Minister N Uttam Kumar Reddy announced that Hyderabad would be transformed into a truly global investment destination, competing with the world’s top metropolises.
 Speaking after inaugurating the IGBC Green Property Show 2024 at Hitex on Friday, Uttam Kumar Reddy stated that the Congress government aims to send a clear message to global investors and the country that Hyderabad will become a truly global city in every sense.
 He highlighted that the existing infrastructure in Hyderabad, including the international airport, Outer Ring Road, expressway, flyovers and drinking water from the Godavari and Krishna rivers, was primarily developed by the Congress government from 2004 to 2014. “We will build infrastructure in Hyderabad to an unprecedented level,” he said.
 Citing examples, he mentioned Chief Minister A Revanth Reddy’s plans to develop the Musi Riverfront to global standards and expand the Metro Rail to reach every corner of the city. Additionally, he assured that the Telangana government would foster a business-friendly environment and that the Ease of Doing Business in Telangana would be the highest in the country. Investors and business people will find the government highly supportive.
 “We will be transparent, friendly and efficient. We will be business-friendly and entrepreneur-friendly. Whatever needs to be done to boost investment, industries, Information Technology, construction and real estate, our government will be at the forefront,” he said.
 Uttam Kumar Reddy assured everyone in the State and country that the Congress government in Telangana intends to elevate Hyderabad and Telangana to a truly global level. “Real estate is largely driven by perception. Our government will take the necessary steps to create real momentum in the construction and real estate sectors and boost investment,” he said.
 “We are accessible round-the-clock and available to address your grievances, needs and demands. Our single-minded goal is to make Hyderabad a centre of investment, a truly global city with world-class infrastructure,” he said.
 Uttam Kumar Reddy noted that the Congress government had been in power for about five months, with nearly two months spent on elections, limiting their actions due to the model code of conduct. “Now we are focused entirely on governance. We will address any issues in industry, construction, and real estate. We assure you that we will take care of them,” he said.