Jan 30 2017 | India Opportunities

665 MOUs worth over Rs 10 trillion signed during A.P. investment summit

Two day AP-CII Partnership Summit was a big success. During this summit 665 memorandum of understanding (MoUs) worth Rs10.54 trillion of investment was signed. The employment potential is to the tune of 22.34 lakh people. The big ticket investment includes 62 MoUs by AP Capital Region & Development Authority valued at Rs 1.24 lakh crore, 14 MOUs by AP Infrastructure and Township Development Corporation amounting to Rs 40,660 crore and 66 MoUs by Economic Development Board worth Rs 3.6 lakh crore.More than Rs 2 trillion worth of investment is proposed in the Energy and industry sectors while the roads and buildings segment raked up Rs73,970 crore worth of investments. Around 170+ MOUs were signed by the food processing industry.

*Images used for illustration only

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