CS led-panel to review AP GIS MoUs progress

Vijayawada: While congratulating the Ministers and the officials for the overwhelming response to the Global Investors Summit organised in Visakhapatnam recently, Chief Minister Y S Jagan Mohan Reddy said the high-power committee led by Chief Secretary K S Jawahar Reddy should meet twice a week to monitor the progress of the MoUs signed by investors from all over the world.

The Chief Minister made the remarks when Finance Minister Buggana Rajendranath, along with Industries Minister Gudivada Amarnath called on him at his camp office at Tadepalli near here.

Reddy congratulated the Ministers and the officials of the Industries Department on the successful conduct in Visakhapatnam on March 3 and 4.

During the summit, Andhra Pradesh attracted investment proposals to the tune of Rs 13.41 lakh crore involving 378 proposals. The proposals are expected to provide employment to nearly six lakh people. The State Government has already taken steps towards execution of the MoUs. The Chief Minister constituted the high-power committee led by the Chief Secretary to ensure maximum realisation of the investment proposals.

Reddy said that the committee should meet twice in a week and directed the Ministers and officers to evolve necessary steps towards the implementation of the MoUs agreed upon in the summit.

Special Chief Secretary (Industries) Karikal Valaven, Director of Industries G Srijana and AP High Grade Steels Limited MD S Shanmohan were present.