Revanth Reddy Invites Singapore Firms to Invest in Telangana
During the meeting, the Singapore representatives expressed their willingness to set up a semiconductor industry in Telangana

Telangana Chief Minister A Revanth Reddy. (File Photo)
Hyderabad: Chief Minister A Revanth Reddy on Wednesday invited Singapore companies to invest in Telangana, assuring prospective investors of the state government's support. A Singapore delegation led by Augustine Lee, Permanent Secretary of the Energy Market Division under Singapore's Ministry of Trade and Industry, met the Chief Minister at the Assembly.
During the meeting, the Singapore representatives expressed their willingness to set up a semiconductor industry in Telangana, an official release said. Welcoming the Singapore companies to set up their manufacturing units in Telangana, Reddy assured that his government would extend full support to their investments in the state, it said.
The representatives responded positively regarding the investment proposals, it said. The CM briefed the delegation on major development projects undertaken by the state government and sought financial support of the Singapore.
The state government invited the Singapore delegation to attend the 'Telangana Global Summit' to be organised by it in December this year, it said.
During the meeting, CM Revanth Reddy highlighted the key features of the state government's Musi river rejuvenation project and the Future City' being developed on the city outskirts.
Discussions also covered the ongoing works of the first phase of the Musi project and the promotion of a 'night economy'.
The Chief Minister also outlined plans to develop the 'Future City' as a net-zero city and the transformation of Hyderabad into a Knowledge Hub, the release said.
The CM informed the Singapore delegation about the agreements signed between Telangana government and the world famous Universities like Harvard, Oxford, MIT, and the London School of Business to establish their offshore campuses in Hyderabad, the release added.
( Source : PTI )
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