CM Secures Investment Offers During UAE Visit
Sobha Group pledges ₹100 crore for Amaravati library: Reports
VIJAYAWADA: Chief Minister N. Chandrababu Naidu held a series of one-on-one meetings with global industry leaders at the start of his three-day visit to the United Arab Emirates on Wednesday.
Apart from seeking investments in AP, Naidu invited them to participate in the CII Partnership Summit in Visakhapatnam next month.
Naidu met Sharaf Group vice-chairman and Sharaf DG founder Sharafuddin and explained AP’s vast potential for logistics parks and warehouses. The Sharaf Group expressed its willingness to invest in logistics infrastructure projects.
During a meeting with Transworld Group chairman Ramesh S. Ramakrishna, the Chief Minister discussed opportunities in the state for shipbuilding and port-based industries. The group agreed to partner with AP in establishing a shipbuilding unit at Dugarajapatnam port.
Naidu stressed his government is keen on enhancing connectivity to all ports across the state and is ready to amend policies to attract more investments, especially in the ports, logistics and automobile sectors.
The Chief Minister also interacted with Shamsheer Vayalil, founder-chairman of Burjeel Holdings, and sought collaboration in AP’s healthcare infrastructure. “The state has initiated digitalisation of health cards on a pilot basis. The Burjeel Group, which runs a reputed cancer hospital in Abu Dhabi, expressed its interest in establishing a cancer centre in Tirupati.”
Naidu held discussions with Sobha Realty Group chairman Ravi Menon, briefing him on the ongoing development of Amaravati as a world-class capital and on investment avenues in real estate, tourism, and hospitality sectors.
Mentioning that Google has agreed to set up an AI data centre in Visakhapatnam, the CM invited Menon to visit Amaravati to witness progress firsthand.
Responding positively, the Sobha Group chairman announced a contribution of `100 crore for setting up a world-class library in Amaravati.
The Chief Minister reaffirmed that AP remains one of India’s most promising destinations for investment. He promised all support to companies willing to collaborate in the state’s growth story, officials accompanying the CM said.
