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KT Rama Rao urges firms from Singapore to develop Telangana

KT Rama Rao sought the company's partnership in developing the Pharma City project in Hyderabad.

Hyderabad: IT minister K.T. Rama Rao, who is touring Singapore to attract investments into TS, met Teo Eng Cheong, CEO of Surbana Juron, on Wednesday and sought the company’s partnership in developing world-class infrastructure facilities in Hyderabad.

The infrastructure company takes up housing programme in Singapore and provides infrastructure and public services to the people.

Mr Rao briefed Mr Cheong about the massive housing programme being taken up Telangana. He requested him to take up a multi-storied building project in Hyderabad and assured to provide land. He also sought the company’s partnership in developing the Pharma City project in Hyderabad.

Mr Rao urged him to conduct a study on the roads, electricity, drinking water and other infrastructure facilities in Hyderabad for which Mr Cheong assured that a team would be sent to the city shortly.

The minister later visited the Taus industrial park and went round the Biopolis and Clean Tech Parks and examined the facilities. Mr Rao also met representatives of A-STAR (Agency for Science, Technology and Research), one of the leading companies in the field of science and technology in Singapore.

They expressed their willingness to work with the RICH (Research and Innovation Circle of Hyderabad) of the TS government. Both RICH and A-STAR have agreed to a bilateral agreement through which both will cooperate in the field of innovation, incubation, research and commerce.

Student exchange programme will be organised. The minister had a meeting with the Indian High Commissioner Vijay Thakur Singh. Both of them discussed the first foreign visit of the Chief Minister K. Chandrasekhar Rao in 2014 to Singapore. The minister stated that the inputs shared from Singapore were incorporated in the TS industrial policy.

At a business session organised by the CII and Indian High Commission, Mr Rao met heads of 18 companies and through a PowerPoint presentation, explained to them TS’ industrial and IT policy. He told them that 2,200 companies were given approval so far and reiterated that the state was the best investment destination in the country.

( Source : Deccan Chronicle. )
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