Naidu showcases investment opportunities across regions in AP

On last date of Singapore trip, industrialists evince interest to invest multiple areas Dolphin City in Vizag, Botanical Garden in Amaravati mooted

Winding up his 'Invest in Andhra Pradesh' extensive campaign in Singapore in multiple areas and reviving the vital strategic partnership for development of futuristic capital city of Amaravati, Chief Minister N. Chandrababu Naidu on Wednesday reaffirmed the State's potential to become a world-class destination for investors.

He said with a 974-km long coastline and a large pool of enterprising human resources, AP offers immense opportunities for business growth and development. During his visit to Singapore, he urged global corporate leaders to invest in AP and become integral partners in the State’s progress. On the final day of his trip, the Chief Minister conducted a series of high-level meetings with senior representatives from leading multinational corporations.

Accompanied by Ministers T.G. Bharath, P. Narayana, Nara Lokesh and a high level team of officials, Naidu outlined the Government of AP's comprehensive strategic development plans, detailing targeted regions and the specific approaches for implementation of Swarnandhra Vision-2047.

The Chief Minister shared plans to develop Dolphin City in Visakhapatnam and a Botanical Garden in Amaravati, expressing his desire for a partnership with Mandai Wildlife Group on these projects.

Naidu outlined strategic projects such as the Drone City, Defence, and Civil Aerospace Corridor, planned for the Lepakshi and Orvakallu regions. The talks also covered financing options for these projects.

The plans were shared extensively with the business leaders and Singapore officials.

The Chief Minister held focused discussions with key representatives from CapitalLand Investment (India), Mandai Wildlife Group, Sumitomo Mitsui Banking Corporation (SMBC), and Temasek Holdings to explore significant investment opportunities across multiple sectors.

In conversations with CapitaLand Investment (India) representatives Sanjeev Das Gupta and Gaurishankar Nagabhushan, the dialogue revolved around real estate projects, industrial parks, data centers, green buildings, and digital townships.

The Chief Minister emphasised the potential to develop IT parks and plug-and-play workstations in cities like Amaravati, Visakhapatnam, and Tirupati. He also detailed plans to leverage the State’s ports and airports for economic growth and introduced the Hyderabad-Bengaluru-Amaravati-Chennai Airport Economic Corridor.

The CapitaLand representatives informed Naidu that they have invested in approximately 30-35% of IT parks in Hyderabad and expressed strong interest in further investments across AP s real estate and industrial sectors.

In a meeting with Mandai Wildlife Group, the Chief Minister discussed initiatives related to wildlife parks, eco-tourism, biodiversity complexes, and wildlife experience zones.

He proposed collaboration to boost eco-tourism in areas such as Visakhapatnam and Tirupati—a suggestion welcomed by Group CEO Mike Barclay. The potential to replicate Singapore’s Garden City and zoo park models in Andhra Pradesh was also explored.

Barclay expressed readiness to invest in these and other sectors within the state.

The Chief Minister engaged in detailed discussions with Rajeev Kannan, Managing Executive Officer of Sumitomo Mitsui Banking Corporation (SMBC), focusing on investment opportunities in industry, infrastructure, green energy, and urban development.

The Chief Minister sought SMBC’s support for green energy initiatives and the development of industrial corridors, to which Kannan expressed keen interest in infrastructure lending and clean energy investments.

In a key meeting with Dinesh Khanna, Joint Head of Portfolio Development and Corporate Strategy at Temasek Holdings, Naidu sought support for the growth of MSMEs in AP.

Temasek Holdings showed strong enthusiasm to partner with the State Government in promoting MSME development.

The Chief Minister underscored the value of collaboration with APIIC to accelerate progress. Discussions also covered the potential for joint venture projects across diverse sectors.

Naidu highlighted the wide-ranging opportunities available across green energy, food processing, healthcare, technology, and sustainable infrastructure.