HomeIn The FrameAP CM cites USD 50 billion Investment opportunity for UAE in AP

AP CM cites USD 50 billion Investment opportunity for UAE in AP

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Andhra Pradesh’s chief minister, Mr N Chandrababu Naidu, has urged the government of the UAE to invest substantially in the state of AP, keeping in mind the vast and abundant natural resources the state possesses.

Addressing the Investopia Global – Andhra Pradesh conference in Vijayawada today, Mr Naidu highlighted the state’s rapidly growing infrastructure, from Ports to Airports, to Digital technologies and renewables.

“AP is the best suitable place for your businesses. It has unique advantages coupled with good infrastructure and is a strategically located state,” said the chief minister to the UAE’s minister for Economy and Trade, H.E. Mr Abdulla Bin Touq Al Marri, and a room full of investors and businesses from the UAE attending the event.

Mr Naidu also identified the tourism sector as a key sector for growth.

Tech for Public Good

He further spoke on the tech-savvy governance model, which he is implementing in the state, and how the public at large will have seamless access to government services online.

“My government is totally online. We are using technology in a big way and embracing WhatsApp in all our day-to-day governance. By August 15th, all our services will be online,” noted the chief minister.

Appreciating the UAE minister for keeping his word to come to Andhra Pradesh and witnessing the progress being made by the state, the CM emphasised Trust in fostering successful partnerships.

Mr Naidu also appreciated Mr. Yussuf Ali M.A., Chairman and Managing Director, Lulu International, for renewing their investments in the state and building various businesses across the state.

The CM concluded by citing a conversation he had with the minister and said, “In my meeting with the minister, I have requested him to invest at least USD 50 billion in AP. He has assured me of doing more than that,” informed the CM.

UAE Minister

Similarly, the United Arab Emirates (UAE) Minister of Economy, Mr Abdulla Bin Touq Al Marri, expressed strong optimism about Andhra Pradesh’s investment potential during his address at the INVESTOPIA Global–AP conference held in Vijayawada.

He spoke of the state’s rapid transformation, strategic advantages, and visionary leadership.

“Andhra Pradesh has truly astonished me, so many hidden gems, so much to explore, and a lush green environment. The state is blessed with beautiful rivers, a vast coastline, and impressive infrastructure built around them. I am truly happy to be here, leading the UAE delegation to explore opportunities and synergies,” said the UAE minister.

He further added that they are confident that Andhra Pradesh can become India’s new economic corridor, connecting ports, logistics, food security, AI research, and advanced technologies with global markets.

AP’s Industries Minister, Mr TG Bharath, highlighted the various facets of AP’s sectoral investments and said that the state has been a leader in many sectors, such as Agri & food processing, fish production, etc.

Dr. N Yuvaraj IAS, Secretary, I&C, Government of Andhra Pradesh, gave a detailed presentation of AP’s economic landscape and also its overall trade with the UAE. He too welcomed businesses to come and invest in AP and assured them of full government support.

Similarly, many other dignitaries, including Dr. Jean Fares, CEO, Investopia, Mr. R Mukundan, President Designate, CII, and Managing Director & CEO, Tata Chemicals Limited, Mr K Vijayanand IAS, Chief Secretary of Andhra Pradesh, Ms J. Snehaja IFS, Head of MEA Branch Secretariat, Hyderabad, and others spoke at the conference.

A MoU was also signed between the AP Economic Development Board and Investopia, signed by Mr Saikant Verma, IAS, CEO APEDB & Dr Jean Fares.

Investopia is a Global platform launched by UAE to shape the future of investments, connecting capital with transformative ideas across borders and geographies.

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