Andhra Pradesh signs 14 MoU worth Rs. 21,000 Cr 

NewsBharati    06-Mar-2019



Amaravati, March 6: In order to speed up the industrial development of the coastal state, Andhra Pradesh Economic Development Board on Tuesday inked 14 Memorandum of Understanding (MoU) worth Rs. 21,000 Cr. On this occasion, Chief Minister Chandrababu Naidu, Jeong Deok-min, Honorary Consul General of India to the Republic of Korea, and other officials were present.

Expressing happiness over the development, Naidu said that 14 MoUs would be a major boost for the industry sector of Andhra Pradesh. He also informed that near about 2.25 Lac new job opportunities would be created in near future.

Talking about the business-friendly policies in the state, Naidu assured all support and cooperation for industrial growth in the coastal State. He hoped that ease of doing business in AP would pave the way for big investments, especially from South-East Asian countries