Chief Minister Chandrababu Naidu held a key review with the aim of attracting huge investments to Andhra Pradesh and accelerating industrial development. The SIPB meeting was held under his chairmanship at the CM camp office in Undavalli. Some ministers participated in this meeting in person and some others virtually. The main discussion was on the ‘Vizag Partnership Summit’ to be held in Visakhapatnam on the 12th and 13th of this month. Ministers Nara Lokesh, Angani Satya Prasad, Ponguru Narayana, TG Bharat, and Vasamsetty Subhash attended the meeting in person. Along with Deputy CM Pawan Kalyan, Ministers Payyavula Keshav, BC Janardhan Reddy, Atchennaidu, and Gottipati Ravi participated virtually. CM Chandrababu directed the ministers and officials to make the Visakhapatnam Investment Summit a success and bring new investments to the state.
Chandrababu reviewed the investment proposals related to the establishment of new industries in the state in the meeting. The process of permissions, land allocation and government permissions for new industries was discussed. The Chief Minister also reviewed the progress of industrial projects that have already been approved. The problems faced in the implementation of investments and their solutions were discussed with the officials. It was suggested that an industrial-friendly environment should be created without any difficulties for investors. Furthermore, the meeting specifically reviewed the activities to be taken to attract investments in the semiconductor and electronics manufacturing sectors, which will provide huge employment opportunities in the future. The creation of infrastructure and industrial facilities required for these sectors was discussed. The government also intends to take steps to ensure that all regions receive the fruits of development equally by setting up industries in different parts of the state.
On the other hand, CM Chandrababu reviewed the creation of infrastructure such as electricity, water and roads required for the development of industries. It was discussed that the industrial sector should be given further impetus by providing better connectivity between ports, transport systems and freight transport centers. Special attention was paid to providing large-scale job and employment opportunities to the youth through the establishment of industries. The Chief Minister made it clear that the agreements signed regarding investments should not be limited to papers alone but should lead to the establishment of industries on the ground. He instructed the officials to avoid unnecessary delays in the establishment of industries and to grant permissions within the stipulated time. He suggested that in addition to providing speedy services to investors, the already approved projects should be taken forward quickly. Overall, the government is working with the aim of bringing new investments to the state through the Partnership Summit to be held in Visakhapatnam on the 12th and 13th of this month. Chief Minister is planning to make this summit a key platform for the establishment of industries, development of infrastructure and employment generation for the youth.
