AP attracts MoUs worth Rs.13 lakh crore at GIS

Visakhapatnam Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Friday announced attracting 340 MoUs envisaging an investment of Rs.13 lakh crore at the two-day Global Investors' Summit (GIS).

On day-one, 92 MoUs were signed in the presence of the Chief Minister with an investment of Rs.11.85 lakh crore with a job opportunity for four lakh.

On the concluding day, remaining MoUs will be signed envisaging an investment of Rs.1.15 lakh crore with two lakh jobs

Reddy said most of the investments are in renewable energy.