Andhra Pradesh chief minister Chandrababu Naidu clinches big ticket project in Singapore
Tan Sri Dato' AK Nathan, chairman and managing director (CMD) of Eversendai Engineering, met Naidu and held discussions about possible investment in AP. The discussions centered around setting up a state-of-the-art manufacturing factory and an integrated training centre in Andhra Pradesh. The Eversendai chairman mentioned that they are looking at Visakhapatnam or Krishnapatnam as a potential location for setting up the facility and enabling nationwide distribution of products.
The proposed manufacturing unit would span about two lakh square metres.
This proposed investment is expected to significantly contribute to industrial growth and generate large-scale employment in the state. Eversendai also expressed interest in investing in infrastructure projects related to the development of Amaravati, the state capital. Further, the chairman discussed the establishment of a structural engineering training centre in collaboration with premier institutions like IIT Tirupati and IIIT Sri City.
Eversendai also highlighted that the company has previously contributed to landmark projects such as the Burj Khalifa, Petronas Towers, DLF Downtown Taramani in Chennai, and the Statue of Unity in Gujarat.
Meanwhile, global urban infrastructure company Surbana Jurong has also came forward to invest in Andhra Pradesh. Representatives from the company met Naidu. The chief minister invited Surbana Jurong to actively invest in large-scale housing construction projects in the state and encouraged them to be a part of the housing for all, initiative.
Naidu explained that the state is focusing on infrastructure development projects and highlighted the development of 20 ports and 15 airports, positioning itself as a logistics hub. He shared the government's vision of transforming these regions into industrial townships and urged the company to explore the investment opportunities in the state.
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