Chief Minister Chandrababu clarified that there are favorable conditions for setting up data centers in the state of Andhra Pradesh. It has been revealed that the necessary eco system has been set up especially in Visakha.
The CM, who is visiting Singapore for the third day, held a round table conference with representatives of the country’s entrepreneurs and companies. CEOs and representatives of leading companies in Singapore attended this conference.
Representatives from all 41 companies attended this roundtable conference to voice their views. Chief Minister said that Visaka is the best place for setting up data centers and IT companies. The Chief Minister informed Singapore industrialists that Google Data Center will be set up in Visaka very soon.
Also explained that various IT giants, including TCS, Cognizent, are setting up their companies in Visakha. Also, the first quantum valley in the country is being set up in Amaravati.. CM Chandrababu said that there is a chance for Singapore companies to invest in the Quantum Valley Eco System starting by 2026 January.
The Chief Minister explained to Singaporean industrialists that the benefits of the Quantum Valley project are being reaped by Singapore companies and also an oscillation for research. The CM revealed that more than 20 policies are currently being implemented in the state to favour industries and investments.
The Chief Minister explained the opportunities for investments along with industry-friendly policies to Singapore entrepreneurs and representatives from various organisations as a roundtable platform. Ministers for this round table conference are Nara Lokesh, TG Bharat, P. Narayana, AP high officials attended.