(Image source from: Twitter.com/ncbn)
AP Government Inks 734 Investment MoUs In CII Summit:- AP Government has been keen on gathering wide investments in the CII Partnership Summit that took place in Visakhapatnam for three days. AP Chief Minister Chandra Babu Naidu took the lead and the AP Government signed 734 MoUs with various foreign investors, individuals and business houses. The MoUs signed are said to be worth Rs 4.39 lakh crores which would bring vast employment opportunities for the people in the state.
Chandra Babu during the conclusion of CII Partnership Summit in Visakhapatnam revealed that these MoUs will create 11 lakh jobs in the coming future. All the clearances will be granted in 21 days informed a source. Babu promised that he would be a call away and would respond if there is any problem. Reliance Industries are said to invest Rs 55,000 crores in various sectors. The chief minister showcased the new capital city Amaravati as a potential hub of new investments.