Chief Minister YS Jagan Mohan Reddy has directed the officials to work towards attracting real investments into the State through the AP Global Investors Summit-2023 scheduled to be held at Visakhapatnam on March 3 and 4.
During the review meeting on pre-summit arrangements held here on Thursday, the Chief Minster said they should aim at attracting global investments and turning the State into a hub for green energy and other emerging new products. He directed the officials to prepare a detailed programme explaining the vast opportunities and resources available for investments in the State.
When the officials explained they are planning to conduct road-shows abroad about the Summit, he told them to study the functioning of various industrial hubs during their visits abroad and acquaint themselves with the management systems in vogue to run MSMEs so that the same can be implemented here.
Officials further told him that though MoUs worth Rs 18.87 lakh crore were signed between 2014 and 2019, the average investments grounded annually were worth just Rs 11, 994 crore.
However, between 2019 and 2022, the average annual investment has been Rs.15, 693 crore while the total investments of Rs. 1,81,821 crore, approved by SIPB, are in various stages of progress.The projects would provide employment to 1,40,903 persons.
Deputy Chief Minister (Tribal Welfare) P. Rajanna Dora, Deputy Chief Minister (Panchayat Raj and Rural Development) B. Muthyala Naidu, Home Minister T. Vanita, Education Minister Botsa Satyanarayana, Finance Minister B. Rajendranath, IT and Industries Minister G. Amarnath, Municipal Administration Minister Audimulapu Suresh, Transport Minister P. Viswaroop, Roads and Buildings Minister D. Ramalingeswara Rao (Raja), BC Welfare Minister Ch.Srinivasa Venu Gopala Krishna, Medical and Health Minister V. Rajani, CS Dr K.S. Jawahar Reddy, DGP K.V. Rajendranath Reddy, Special CS (Municipal Administration and Urban Development) Y. Srilakshmi, , Special CS (Industries and Commerce) R. Karikal Valaven, Special CS (Finance) S.S. Rawat, Special CS (Tourism and Culture) Dr Rajat Bhargava, Principal Secretary (Medical and Health) M.T. Krishna Babu, I and PR Commissioner T. Vijayakumar Reddy, Principal Secretary ( Higher Education) J. Syamala Rao, Municipal Administration Commissioner Pravin Kumar, Director of Industries Srujana and top officials of Visakhapatnam district were among those present.