TS, AP commerce bodies' meet on March 5

Hyderabad: FEDERATION of Telangana Chambers of Commerce and Industry (FTCCI) jointly with Federation of Andhra Pradesh Chambers of Commerce and Industry(FAPCCI) is organizing a virtual conference on "Business Opportunities with largest sources of Funding" on March 5, 2021 (Friday) from 10.30 am to 2.00 pm.

The Multilateral Development Banks (MDBs) play a significant role in the social and economic development programs of nations by way of advising, funding, assisting in implementation of development projects and even though the banks operate independently, have a shared vision and common goals and objectives.

The MDBs provides financial and technical support to developing countries to help them strengthen economic management and reduce poverty.

Businesses in the areas of energy, infrastructure, agriculture, health, education, mining, transportation, financial services, health, and sustainable development are encouraged to participate and explore business opportunities. The participating banks are World Bank, Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and New Development Bank (NDB).

The conference will create awareness about developmental projects undertaken in India by the MDBs and the procurement opportunities for MSMEs, manufacturers and service providers in the State. The conference also benefits the members from the business and industrial community in Telangana.

Mekapati Goutham Reddy, Minister for Industries, Commerce, Information Technology, Andhra Pradesh, Adityanath Das, Chief Secretary, Andhra Pradesh, will attend.

The senior procurement officials of respective banks will brief on procurement procedure of respective banks, vendor registration, eligibility and details of various projects.