Om Namo Venkatesaya

12,000 Crore Investment in AP

In what is considered as one of the biggest investment deals, the government of Andhra Pradesh has inked an MOU with a UAE based company for a whopping Rs 12,000 Crore investment. The firm is going to invest the amount in healthcare and tourism in the state.

After signing the MOU, AP CM Chandrababu Naidu shared, "AP Govt & BRS Ventures of AbuDhabi inked an MoU for investments worth Rs 12K Cr in healthcare & tourism in the state."

Naidu shared his vision for the state with the corporate tycoons in the recent Maritime India Summit and gave an open call for the investors into the truncated state. Describing AP as the gateway of opportunities, he said that the new state will flourish soon and turn out as hub of growth & development.