Inviting the industrialists with the investments into AP, Chief Minister Chandrababu Naidu said that Amaravathi will be the capital for ruling, Vizag will be the capital for IT and Tirupathi for devotional.

On Wednesday, AP CM launched the industrial mission, where it was also attended by the number of investors and industrialists. Speaking on the occasion, there is no such problem for power, water or any other infrastructure, so investors can come to the state for setting up the industries, Naidu said.

After his call, 47 companies turned on to invest in the state and around 35000 crores investments were estimated to be invested into AP.

No more unemployment in AP :

CM  expressed his happiness for this and said that it is going to provide employment to 70000 people in the state. Naidu said that all these proposals will be accepted in a single desk process. In 21days all the companies will be getting the government's approval. He expressed his full confidence to set up the state in number 1 position by 2029 and by 2020, providing 10 lakh jobs to the people is his current target.

Naidu said AP faced many critical situations after the bifurcation of the states and still it managed to register 8.4 % growth rate. All the facilities are provided for the industrialists and also there is no need to wait years for incentives, he assured.

Land for industries through land pooling :

As the land is required to set up the industries,  Naidu assured that there is no need to worry about it as, the problem can be solved by land pooling from the farmers and also assured farmers that he would provide 20-25% of the benefit from the lands they gave. In this foramt, a land bank will be formed with the 10 lakh acres of land to the industries. He called up farmers to give their lands for this and avail the benefits. 1000 TMC water by clubbing Krishna and Godavari rivers, CM assured.

More scope with Public Private Partnership (PPP)

He further invited private companies to collaborate with the government projects by the system of Public Private Partnership (PPP)

With this collaboration, AP government decided to construct Mega life science park in Visakhapatnam and Mini life science parks in other places. For this, a biotechnology committee was held by Scientific community and Business community. AP government is targeting to invite 20000 crores investments into the state.  

By Phani