logo
Naidu pitches Vizag as AP's growth engine in Singapore

Naidu pitches Vizag as AP's growth engine in Singapore

Time of India4 days ago
Vijayawada: With an aim to attract investments in Artificial Intelligence (AI), data centres, real estate, food processing, aerospace, and defence, chief minister Chandrababu Naidu projected Visakhapatnam as the state's growth engine during his multi-day visit to Singapore.
On Day 3, Naidu met Singapore President Tharman Shanmugaratnam, former PM Lee Hsien Loong, and senior executives from top global corporations.
In a round table conference with executives from 41 companies, Naidu highlighted Andhra Pradesh's potential as a premier destination for data centres. He mentioned that Google already made an MoU with the state govt for setting up a data centre at Visakhapatnam. With TCS and Cognizant setting up units, the port city is set to emerge as the next IT destination offering a complete ecosystem.
Earlier in the day, Naidu met representatives from Keppel, GIC, and Wilmar. In the meeting with Lim Yong Wei, the executive director of Keppel Corporation, Naidu discussed potential partnerships in the development of Amaravati. Naidu invited Keppel to collaborate in IT, commerce, and housing projects in Visakhapatnam, along with Amaravati.
The chief minister also met with Govt of Singapore Investment Corporation (GIC) chief investment officer Bryan Yeo to discuss opportunities for investments in Amaravati development, real estate, industry, and infrastructure development across the state.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
5 Books Warren Buffett Wants You to Read In 2025
Blinkist: Warren Buffett's Reading List
Undo
Naidu said that they are looking for a long-term partnership with the GIC. He assured that the state govt is ready to provide a conducive environment for GIC to invest in sectors like healthcare, education, urban planning, and civic infrastructure.
Naidu met Prof. Mohan Kankanahalli, deputy executive chairman of AI Singapore. He sought cooperation in setting up AI research and innovation centres in the state. Naidu stressed the importance of forging partnerships between AI Singapore and universities and research institutions in Andhra Pradesh.
He proposed launching AI training programmes and skill development modules for students across the state in collaboration with AI Singapore.
Naidu also met NG Jan Lin Wilin, senior vice president of SIA Engineering, and discussed the development of airports in Andhra Pradesh. He sought cooperation in setting up Maintenance, Repair, and Overhaul (MRO) services in the state.
The chief minister, along with his team, visited Juron Petrochemical Island, which was developed on reclaimed land.
Naidu said that notable features like integrated safety systems, waste management, and strong sustainability measures are key takeaways for developing world-class industrial corridors in Krishnapatnam, Kakinada, and Machilipatnam. In meetings with the CEOs of various companies, Naidu explained the opportunities available along the vast coastline of Andhra Pradesh.
GFX: Naidu's Day-4 engagements:
- Sanjeev Das Gupta, CEO Capitaland Investments (India): Real Estate, Urban Development, and Industrial Parks
- Mike Barkley, CEO, Mandai Wildlife Group: Eco-Tourism, Biodiversity Parks, and Wildlife Education Models
- Rajiv Kannan, SMBC Bank: Investment Opportunities, Liquidity Models
- Dinesh Khanna, Temasek: Public Infra Projects, Education, and Health
- Vivian Balankrishnan, External Affairs Minister, Govt of Singapore: India-Singapore Relations, Cooperation for Investments in Telugu States
- K Shanmugam, Home and National Security Minister: Police Training, International Cooperation
- Charles Koh, COO Sembcorp: Renewable Energy and Water Treatment
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

I want people of Andhra Pradesh to be ‘healthy, wealthy, happy', says Chief Minister Chandrababu Naidu
I want people of Andhra Pradesh to be ‘healthy, wealthy, happy', says Chief Minister Chandrababu Naidu

The Hindu

timean hour ago

  • The Hindu

I want people of Andhra Pradesh to be ‘healthy, wealthy, happy', says Chief Minister Chandrababu Naidu

Andhra Pradesh Chief Minister N. Chandrababu Naidu says his vision is to see 'healthy, wealthy and happy people' in the State, irrespective of their caste or religion. Addressing a gathering at East Veerayapalem village of Darsi mandal in Prakasam district on Saturday, Mr. Naidu said he wanted to reduce inequalities and ensure an equitable society with the P4 (People, Public, Private Partnership) scheme. Mr. Naidu said, 'I am working round the clock for the welfare of the people to improve their standard of life. After developing Hyderabad, which is now the highest per-capita income generating city, in undivided Andhra Pradesh, I am now focused on developing Amaravati as a global city. My vision is to develop Andhra Pradesh as the No. 1 State in India by 2047.' Lashes out at YSRCP Criticising the YSR Congress Party (YSRCP) leaders, Mr. Naidu said, 'People must remain vigilant against those wearing the mask of politics. In my 47-year political journey, including 15 years as Chief Minister, I have never seen such degradation in politics. A party depicted Amaravati women as prostitutes. When a few women demanded an apology during its leader's visit to Podili in Prakasam district, they were assaulted.' 'TDP MLA Prashanti Reddy was abused by another YSRCP leader. Instead of condemning it, their party chief spoke in support of it. They tried to frame me in connection with their uncle's murder. At Bangarupalem in Chittoor district, mangoes were crushed under tractors to create a political spectacle. Fake videos were shown in Nellore to create false public support,' Mr. Naidu said. 'I will not remain silent if criminals foray into politics. The political parties must serve the people. Even if power is their ultimate goal, they must uphold values, discipline, rules and decency. Should people learn foul language and violent conduct from these leaders? I'm working to protect the lives and the future of the poor,' Mr. Naidu said.

Gear up to adopt technology and shift to natural farming, Chief Minister Chandrababu Naidu advises farmers in Andhra Pradesh
Gear up to adopt technology and shift to natural farming, Chief Minister Chandrababu Naidu advises farmers in Andhra Pradesh

The Hindu

time2 hours ago

  • The Hindu

Gear up to adopt technology and shift to natural farming, Chief Minister Chandrababu Naidu advises farmers in Andhra Pradesh

Promising to bring about a transformative change in agriculture, Andhra Pradesh Chief Minister N. Chandrababu Naidu has asked the farmers to gear up to adopt latest technologies in farming. Addressing the farmers at the launch of Annadata Sukhibhava-PM KISAN scheme at East Veerayapalem village of Darsi mandal in Prakasam district on Saturday, Mr. Naidu said farmers would get suggestions based on a study on best yield crops, and they must follow the instructions. 'The government has solved many problems of the farmers using new technologies. As there is no market for crops such as tobacco and groundnut, it is planning to encourage aquaculture in the coastal districts, horticulture in the Rayalaseema region, and commercial crops in other areas,' Mr. Naidu said. 'The NDA government is working tirelessly to sustain agriculture and improve the livelihoods of the farmers. I urge the farmers to shift towards natural farming, while reducing the use of fertilizers and pesticides,' he said. Drip irrigation 'Though the previous government has cancelled the subsidy on drip irrigation to the farmers, we have revived it and are giving 100% subsidy for the Scheduled Castes / Scheduled Tribes in Prakasam and Rayalaseema districts, and 70% subsidy in the coastal districts,' he said. 'The previous year, we expanded drip irrigation to 1,17,880 hectares, benefiting more than 1.11 lakh farmers. Andhra Pradesh is No.1 State in the country in drip irrigation,' the Chief Minister said, adding the government was supplying power to aqua farmers at ₹1.50 per unit. 'We have increased the assistance from ₹10,000 to ₹20,000 under the Matsyakarulo Sevalo shecme. We have provided ₹259 crore to 1,29,178 fishermen families. We have provided agricultural implements worth ₹61 crore to 26,000 farmers at 50% subsidy,' he said. The government would be establishing the country's largest Drone City at Orvakal in Kurnool district. 'It is preparing use cases and research is under way. About 875 Kisan Drones will soon be available for cultivation. It has set a target of providing another 1,000 Kisan Drones in this year's budget,' he said. Linking of rivers 'As water is the most important resource for agriculture in rain-dependent areas, the government is planning to connect all rivers. The Polavaram project gives us an opportunity to divert river water to agricultural fields, which otherwise will flow waste into the sea,' Mr. Naidu said, assuring to complete the project by December 2027. 'About eight years ago, I had provided water to the Krishna Delta through the Pattiseema Lift Irrigation scheme. In the future, we will tell farmers in advance which crop to be cultivated based on weather and water availability. The farmers must go for cultivation accordingly,' he said.

Naidu and Lokesh's Singapore visit aimed at safeguarding ‘ill-gotten wealth', alleges former Minister
Naidu and Lokesh's Singapore visit aimed at safeguarding ‘ill-gotten wealth', alleges former Minister

The Hindu

time2 hours ago

  • The Hindu

Naidu and Lokesh's Singapore visit aimed at safeguarding ‘ill-gotten wealth', alleges former Minister

Former Minister and YSR Congress Party (YSRCP) Anakapalli district president Gudivada Amarnath has levelled serious allegations against Chief Minister N. Chandrababu Naidu and IT Minister Nara Lokesh, claiming that their recent visit to Singapore was intended to protect their 'ill-gotten wealth' rather than attract investments for Andhra Pradesh. Addressing a press conference at the party office on Saturday, Mr. Amarnath alleged that, having failed to secure any substantial investments, the Chief Minister and his son fabricated a narrative accusing YSRCP supporters of sending emails to corporate companies, thereby obstructing investment flows into the State. He further claimed that the Singapore government was reluctant to engage with Andhra Pradesh due to the past record of corruption associated with Mr. Naidu and Mr. Lokesh. 'What tangible investments have they brought in following their trip?' he questioned, alleging that for the past two to three days, Mr. Lokesh has failed to answer this and is instead attempting to divert public attention by making baseless allegations against Y.S. Jagan Mohan Reddy and the previous YSRCP government. Criticising the present government's performance, Mr. Amarnath said that many industrialists are hesitant to invest in the State after witnessing one year of Mr. Naidu's rule and what he described as 'atrocities' by NDA leaders. He also questioned the silence of Ministers such as Narayana and T.G. Bharat, who accompanied the delegation, and asked why Deputy Chief Minister Pawan Kalyan was not included in key international visits to Davos or Singapore. He accused Mr. Naidu of harbouring an 'obsession with Singapore' since his previous tenure beginning in 2014. Referring to the Amaravati Capital Region Development project, Mr. Amarnath alleged that Mr. Naidu handed over a 58% stake to a Singapore consortium without any financial contribution from their side, while the Andhra Pradesh government, which invested ₹12,000 crore, was left with only a 42% stake. 'In the revenue share, Singapore companies were allotted 91.5%, while the State received a mere 8.5%. Is there a bigger scam than this?' he asked. Mr. Amarnath also demanded clarity on Mr. Naidu's alleged connections with former Singapore Minister S. Iswaran, who is currently facing charges in a corruption case. He asserted that several key infrastructure projects that Mr. Naidu promoted during the Singapore visit—including the Ramayapatnam, Mulapeta, and Machilipatnam ports, as well as the Adani Data Centre—were all initiated and advanced under the previous YSRCP government. He credited the prior administration's efforts, particularly Mr. Jagan's meetings at Davos, for bringing global companies such as ArcelorMittal to Andhra Pradesh. Additionally, Mr. Amarnath criticised the alleged handing over of prime government land in Visakhapatnam to private entities at throwaway prices. He cited the example of the Lulu Group, which was reportedly granted land on a 99-year lease at a rate of just ₹1.5 per sq. ft—an offer he claimed was unacceptable to the local populace. He concluded by demanding that the State government clarify its position on the future of the Visakhapatnam Steel Plant, amid growing concerns over its privatisation.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store