Hyderabad: Chief minister A Revanth Reddy will hold talks with the authorities of Singapore’s Life Skills University for a possible tie-up with the Young India Skills University set up by the Congress govt in Telangana during his investment-seeking tour to Singapore from Jan 16 to 19.
The CM-led team will embark on a foreign tour to woo global investors. During the tour, they will meet officials of Life Skills University and global investors in Singapore. Thereafter, the Revanth team will attend the World Economic Forum (WEF) meeting in Davos from Jan 20 to 22.
On Monday, the CM held a meeting with IT and industries minister D Sridhar Babu and senior officials of the industries department.
“The state govt has created an investor-friendly ecosystem to woo the investors in the country and abroad. Telangana has emerged as the best destination for global investments in the country, attracting big companies in the manufacturing and services sectors. The industrial policy being implemented by the state govt will attract large investments in the future. All the welfare schemes and development programmes launched by the government in the first year have helped strengthen the state’s economy,” the CM said.
The officials also apprised the CM about the plans to attend the conferences and meetings organised with the representatives of global industries and investors during the Singapore and Davos tour.
Revanth also enquired from the officials about the companies that had signed agreements with the state govt at last year’s WEF meeting and the status of investments and operations of the companies in the state.
The CM expressed satisfaction that the state has received huge investments in the first year. Telangana received investments worth 40,232 crore by signing MoUs with global companies at the WEF conference held in Davos last year. As many as 14 leading companies came forward to invest in the state and agreements were signed to set up 18 projects.
The officials informed the CM that about 17 of these projects have already started, 10 projects are at various stages with rapid progress and 7 more projects are at the initial stage. The CM asked minister Sridhar Babu for details of the progress of the investments of each company, who gave him the details on a company-wise basis.
During the tour, they will meet officials of Life Skills University and global investors in Singapore. The Revanth team will attend the WEF meeting in Davos from Jan 20 to 22.
The CM-led team will embark on a foreign tour to woo global investors. During the tour, they will meet officials of Life Skills University and global investors in Singapore. Thereafter, the Revanth team will attend the World Economic Forum (WEF) meeting in Davos from Jan 20 to 22.
On Monday, the CM held a meeting with IT and industries minister D Sridhar Babu and senior officials of the industries department.
“The state govt has created an investor-friendly ecosystem to woo the investors in the country and abroad. Telangana has emerged as the best destination for global investments in the country, attracting big companies in the manufacturing and services sectors. The industrial policy being implemented by the state govt will attract large investments in the future. All the welfare schemes and development programmes launched by the government in the first year have helped strengthen the state’s economy,” the CM said.
The officials also apprised the CM about the plans to attend the conferences and meetings organised with the representatives of global industries and investors during the Singapore and Davos tour.
Revanth also enquired from the officials about the companies that had signed agreements with the state govt at last year’s WEF meeting and the status of investments and operations of the companies in the state.
The CM expressed satisfaction that the state has received huge investments in the first year. Telangana received investments worth 40,232 crore by signing MoUs with global companies at the WEF conference held in Davos last year. As many as 14 leading companies came forward to invest in the state and agreements were signed to set up 18 projects.
The officials informed the CM that about 17 of these projects have already started, 10 projects are at various stages with rapid progress and 7 more projects are at the initial stage. The CM asked minister Sridhar Babu for details of the progress of the investments of each company, who gave him the details on a company-wise basis.
During the tour, they will meet officials of Life Skills University and global investors in Singapore. The Revanth team will attend the WEF meeting in Davos from Jan 20 to 22.
