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Gateway to Global Growth: AP CM's Strategic UAE Visit Secures Key Investments for Andhra Pradesh - AP Events

 

Gateway to Global Growth: AP CM's Strategic UAE Visit Secures Key Investments for Andhra Pradesh - AP Events

                                                                           

The recent three-day visit of Andhra Pradesh Chief Minister N. Chandrababu Naidu to the United Arab Emirates (UAE) has marked a significant step in the state’s drive to attract global investment, technology, and partnerships. From one-on-one meetings with industry stalwarts to high-level discussions with UAE ministers, the tour successfully showcased Andhra Pradesh as a premier investment destination, particularly in the rapidly evolving sectors of Green Energy, Digital Infrastructure, and Logistics.


Key Outcomes and Investment Highlights

The CM's strategic engagements with top UAE-based companies and officials resulted in several notable commitments and expressions of interest, positioning Andhra Pradesh for substantial development.


  • Amaravati Library Initiative (Sobha Group): A significant philanthropic and infrastructure boost came from Ravi P.N.C. Menon, Chairman of the Sobha Group, who pledged a generous contribution of ₹100 Crore for the establishment of a world-class public library in Amaravati, the capital city.


  • Healthcare Expansion (Burjeel Holdings): Dr. Shamsheer Vayalil, Founder and Chairman of Burjeel Holdings, expressed a strong interest in setting up a Cancer Care Centre in Tirupati, aligning with the state's focus on advanced healthcare.


  • Logistics and Warehousing (Sharaf Group): Major General (Retd.) Sharafuddin Sharaf, Vice-Chairman of the Sharaf Group, showed interest in investing in logistics parks and warehousing projects, leveraging Andhra Pradesh's extensive coastal and port connectivity.


  • Shipbuilding and Ports (Transworld Group): Chairman Ramesh S. Ramakrishnan of the Transworld Group expressed interest in partnering in a shipbuilding unit at the Dugarajapatnam Port, contributing to the state's maritime ambitions.


  • Focus on AI and Green Energy: Meetings with the UAE Minister of Economy and Tourism, Abdullah bin Touq Al Marri, centred on strengthening economic collaboration, particularly in leveraging Artificial Intelligence (AI) for governance and promoting investments in the Green Energy sector.


  • Innovation and Technology Partnership: A promising development was the agreement for a partnership between the state's Ratan Tata Innovation Hub and Dubai Silicon Oasis, fostering collaboration in technology and innovation.


Showcasing Andhra Pradesh's Vision

Chief Minister Naidu utilized the platform to effectively communicate Andhra Pradesh's future-forward vision and investor-friendly policies. His presentations emphasised the state's readiness to become a global hub for next-generation technologies.


  • Green Energy Leadership: He highlighted AP's natural advantage and policy priority for renewable energy, inviting investment in solar, wind, and pumped storage power projects, crucial for the global energy transition.


  • Digital Hub Status: The CM reiterated AP's ambition to develop a robust digital infrastructure, citing Google's investment in an AI data centre in Visakhapatnam and the plan for a proposed Quantum Valley. The goal is to develop 6 gigawatts of data centre capacity by 2029.


  • "Speed of Doing Business": Naidu assured global investors that the state has moved beyond mere 'ease of doing business' to ensuring the 'speed of doing business' by promising prompt clearances for well-structured industrial proposals.


  • CII Partnership Summit Invitation: A primary goal of the tour was to formally invite global industrialists to the upcoming CII Partnership Summit scheduled for November 14 and 15 in Visakhapatnam, aiming to translate expressions of interest into concrete projects.


The successful tour underscores Andhra Pradesh's renewed commitment to leveraging international partnerships for its socio-economic transformation, ensuring it remains an attractive destination for global capital and technology.


FAQs


Q1: What was the main objective of the AP CM's recent UAE visit? 

A: The main objective of the AP CM's three-day UAE visit was to attract foreign direct investment in key sectors like green energy, IT, logistics, and real estate, and to formally invite global industrialists to the CII Partnership Summit in Visakhapatnam.


Q2: Which major UAE-based companies pledged investments in Andhra Pradesh? 

A: Key commitments came from Sobha Group (₹100 Crore for a library in Amaravati), Burjeel Holdings (interest in a Cancer Care Centre in Tirupati), Sharaf Group (interest in logistics and warehousing), and Transworld Group (interest in a shipbuilding unit).


Q3: What specific sectors did the CM highlight for investment in Andhra Pradesh? 

A: The CM highlighted Green Energy (solar, wind, pumped storage), Digital Infrastructure (AI data centres, Quantum Valley), Logistics, Ports, Real Estate, and Healthcare as priority sectors for foreign investment.


Q4: What future technological collaborations were discussed with UAE officials? 

A: Discussions with UAE ministers focused on strengthening collaboration in Artificial Intelligence (AI) for enhanced governance and a partnership between the Ratan Tata Innovation Hub and Dubai Silicon Oasis in the digital economy sector.


Q5: When and where is the next major investment summit being held in Andhra Pradesh? 

A: The CII Partnership Summit 2025 is scheduled to be held in Visakhapatnam on November 14 and 15.


The video provides a summary of the Andhra Pradesh CM's meeting with the UAE's Minister of Economy and Tourism in Dubai to discuss strengthening economic and technological collaboration. India: Andhra Pradesh CM Chandrababu Held Talks With UAE's Minister Of Economy & Tourism in Dubai



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