Diplomatic Outreach Summit to pave way for investments in AP

Vijayawada: Taking forward the industrial promotion policy, the State will organize a one-day Diplomatic Outreach programme here on Friday to showcase Andhra Pradesh as the most desired destination for trade, commerce and investments.

It is being held in collaboration with the Ministry of External Affairs, will be attended by representatives of over 35 nations to explore the opportunities of investments in core sectors of mutual interest.

The State Government will dwell upon the potential areas and priority sectors that are open for FDI and interact with the visiting diplomats and tell them about the scope of investments in infrastructure development, pharma, agro products, skill development, technology transfer, healthcare, backward area development projects and other sectors.

Chief Minister YS Jagan Mohan Reddy will address the delegates and explain to them about the government policy and its priorities besides narrating the governance module of the state has been adopting and will speak about the welfare programmes and development plans in the road ahead.

The Ease of Doing Business (EoDB) initiatives and business reform benchmarking along with the rich natural and human resources would be outlined during the meet.

The long coastline spanning over from Srikakulam to Nellore will provide wide ranging opportunities that would interest nations in infrastructure development and other sectors.

The Chief Minister is also scheduled to have one-on-one discussions with select Ambassadors and Consul Generals of various countries.

The state finance minister Buggana Rajendernath, Minister for Industry and Commerce Mekapati Goutham Reddy and other concerned officials are likely to give an overview of the opportunities in the state.

How the government has been balancing the welfare and development will be highlighted during the Summit with special thrust on Navaratnas and the initiatives for industrial development. Opportunities in Tourism and Buddhist circuits are some of the areas that would be briefed to the delegates during the Outreach event besides Health tourism.

The countries that are likely to attend the Event include, Korea, Singapore, Austria, Poland, Bulgaria, Maldives, Egypt, Namibia, Slovakia, Australia, United Kingdom, Georgia, Japan, USA, Canada, Netherlands.