Change Location

Business Leaders Forum to invest in AP

Business Leaders Forum with the partnership of state government of Andhra Pradesh is to invest 100 billion in food park avenues.

The UAE based firm BLF has signed a MoU along with India Trade & Exhibition Centre-ITEC with the Andhra Pradesh Economic Development Board in this regard.

The cross-border investment is a joint initiative of UAE Ministry of Economy, Indian Embassy in Abu Dhabi and Indian Consulate in Dubai was signed in presence of Chief Minister Nara Chandrababu Naidu.

BLF is looking at a possible food park, a medical city, large infrastructure project, among other avenues as part of their investment.

ITEC will provide employment to 1000 skilled people from Andhra Pradesh in UAE, as a way also boosting the two-way investment between Andhra Pradesh and UAE.

As part of the India-UAE partnership, Summit launched last year, UAE delegation has met Naidu and discussed ways to facilitate investments from UAE to AP.  

Photo Gallery

0 Comments Write your comment

    1. Loading...