As part of the initiative to promote the Indian states, the Ministry of External Affairs (MEA), Government of India deputed the Indian Ambassadors to Spain, Austria, Vietnam and Kuwait to visit Andhra Pradesh on 27th and 28th June, to get firsthand experience of the investment potential in the state.
In this regard, D. Bala Venktesh Verma, Indian Ambassador to Spain, P. Harish, Indian Ambassador to Vietnam, K. Jeeva Sagar, Indian Ambassador to Kuwait, met Sri E.S.L. Narasimhan, Governor of Andhra Pradesh and Telangna, at Raj Bhavan on Tuesday. Speaking to the Indian Ambassadors, the Governor said that the sunrise state of Andhra Pradesh is poised on a fast track growth, in the past four years. He said the government has initiated several innovative programmes such Real Time Governance (RTG) system to monitor progress of projects on real-time basis, through online system. The Governor said Andhra Pradesh bagged the top spot in the Ease of Doing Business (EoDB) ranks in the country. Governor said that the Korean automobile giant Kia Motors is setting up its car manufacturing unit in Anantapur district and Tirupati is fast gaining the popularity as a cluster of electronic industries.
Governor said that Andhra Pradesh is endowed with availability of vast tracts of land, abundant water, forest cover and mineral resources. He said that the state also has the second longest coast line of 974 kilometres in the country with potential for maritime development and suitable for setting up industries with assured power supply and availability of skilled manpower.
The Governor informed the visiting Indian Ambassadors that the opportunities for investment are plenty in the state with the new capital city of Amaravati, being constructed in association with Singapore and also with the three industrial corridors coming up across the state would provide a great economic boost to the region.