Jagan launches logo for Global Investors' Summit to be held in March 2023

Andhra Pradesh Chief Minister Jagan Mohan Reddy launched the logo for the Global Investors’ Summit at his camp office on Tuesday.

By Newsmeter Network  Published on  8 Nov 2022 1:42 PM GMT
Jagan launches logo for Global Investors Summit to be held in March 2023

Amaravati: Andhra Pradesh Chief Minister Jagan Mohan Reddy launched the logo for the Global Investors' Summit at his camp office on Tuesday. Addressing the media, minister for industries and commerce and Information Technology Gudivada Amarnath announced that the summit will be held in Visakhapatnam on 3 and 4 March 2023.

Speaking on the occasion, Mr. Amarnath said, "Visakhapatnam and Kakinada Petroleum, Chemicals and Petrochemical Investment Region (PCPIR) corridors are the biggest corridors in the country and we are focused on developing it further. Multiple ports and fishing harbours in the state will be completed soon. CM Jagan has set a deadline of December 2023 for completing the work on Ramayapatnam port."

He said Bhavanapadu and Bhandar port works have been fast-tracked and the state government is working to bring in more industries and companies to the state.

He added that the state government is focused on giving a thrust to major sectors like agri-food processing, marine projects, defence, EVs, etc. "The state is comprehensively focusing on reviving all sectors post the Covid pandemic. Over ₹1,25,000 crore worth MoUs in investments have been signed at the World Economic Forum in Davos earlier this year," the minister said.

Mr. Amarnath also explained that the state government is exploring every possible way to utilise its resources to attract more investments.

"While many states requested a bulk drug park, only three states got it. Andhra Pradesh is one of them. Because of this we got ₹40,000 crore investment and this will create as many as 35,000 jobs directly and indirectly," he said.

The minister, giving an insight into the efforts put forth by the state government, said, "The Chief Minister has directed officials to figure out efficient techniques to help MSMEs in the state prosper across the globe. Conserving the state's capability, CM Jagan directed officials to learn the best practices being implemented in the agriculture sector from Israel, in the electronics sector from Taiwan and South Korea, and in MSME techniques from Europe and the United Kingdom."

Special chief secretary R. Karikal Valaven, Maritime Board CEO S.E Shanmohan, APMSME chairman Vanka Ravindranath, AP Maritime Board chairman Kayala Venkata Reddy, APTPC chairman K. Ravichandra Reddy, industries advisor L. Sridhar, APPCICCPI chairman, directors, and others were present at the launch of the logo.

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