Lokesh appeals to Telugu diaspora to invest in Andhra Pradesh and contribute to its growth

Minister of IT and HRD Nara Lokesh said Andhra Pradesh (A.P.) would undergo a dramatic transformation if a sizable chunk of the investments flowing into India from Singapore come to the State, and that the A.P. Government would extend all possible support to the Telugu diaspora living in Singapore, Malaysia, Thailand, Vietnam, the Philippines, Hong Kong and Indonesia, who were keen on investing in the State, and contributing to preservation of Telugu language, culture, and traditions.

Participating in a meeting of the Telugu Diaspora from South-East Asia organised by the A.P. Non-Resident Telugu Society (APNRTS) and the A.P. Economic Development Board (APEDB) in Singapore on Sunday, Mr. Lokesh said A.P. was destroyed during the YSR Congress Party (YSRCP) rule, and the present NDA Government was rebuilding the State amidst heavy odds under the leadership of Chief Minister N. Chandrababu Naidu, whose reputation was a big advantage.

He highlighted the investment opportunities in A.P., and asserted that the APEDB would extend the necessary hand-holding to Telugu entrepreneurs coming forward to partner with the government of their home State.

He said A.P. was following Singapore as a role model in implementing new policies, with focus on ‘speed-of-doing business’ and it needed the cooperation of the Telugu people in realising Mr. Naidu’s vision.

“A.P. has over 1,000  km of coastline, a string of seaports and airports, highways, waterways, land, and connectivity, which make it an ideal place to invest. Also, the State has a rich talent pool,” he said.

“One capital — decentralised development” was the coalition government’s slogan, in tune with which industries were being promoted in all the regions of the State, and due priority was given to the Micro, Small & Medium Enterprises (MSME), Mr. Lokesh added.