Singapore visit: CM Chandrababu Naidu aims to attract strategic investments into Andhra Pradesh in real estate, green energy, eco-tourism sectors
The discussions spanned a wide array of sectors including real estate, infrastructure, green energy, and eco-tourism.
The Chief Minister met representatives of CapitaLand Investment (India), Mandai Wildlife Group, Sumitomo Mitsui Banking Corporation (SMBC), and Temasek Holdings, aiming to attract strategic investments into Andhra Pradesh.
During his meeting with Sanjeev Das Gupta and Gowrishankar Nagabhushanam of CapitaLand Investment (India), Mr. Naidu explored opportunities in real estate projects, industrial parks, data centers, green buildings and digital townships. He highlighted the potential for developing IT parks and plug-and-play workspaces in cities such as Amaravati, Visakhapatnam and Tirupati. CapitaLand officials responded positively, stating that they consider Andhra Pradesh a priority destination for future investments.
In a separate meeting with Mike Barclay of Mandai Wildlife Group, Mr. Naidu discussed collaboration in developing wildlife parks, eco-tourism circuits, biodiversity complexes, and immersive wildlife experience zones. Barclay expressed keen interest in investing in these sectors within the State.
Further, Mr. Naidu engaged in talks with Rajeev Kannan, Managing Executive Officer of Japan-based SMBC, regarding industrial development, urban infrastructure, and green energy. Discussions also included potential financial partnerships for ongoing and upcoming infrastructure projects. SMBC expressed a strong interest in finance, infra lending, and clean energy financing in Andhra Pradesh.
Mr. Naidu also met Dinesh Khanna from Temasek Holdings. Their dialogue focussed on green energy, food processing, health care, technology, and sustainable infrastructure development. Temasek expressed readiness to expand investments across these sectors in the State. Mr. Khanna also indicated that the company would consider formalising investments through Memorandums of Understanding with the Government of Andhra Pradesh.
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