The Andhra Pradesh Chief Minister, Nara Chandrababu Naidu, and a delegation led by Steven Ciobo, Parliamentary Secretary to the Minister for Foreign Affairs, and the Minister for Trade and Investment, Australia, have examined ranges of collaboration in Infrastructure, mining, agro-processing, fisheries, skill development, financial services and opportunities in the capital district.
Amid the meeting, a memorandum of understanding (MoU) was signed between Andhra Pradesh Mining Development Corporation (APMDC) and NSL Mining Resources India Pvt Ltd (a subsidiary of Australia’s NSL Consolidated Ltd).
As understood the reports further deeply, the agreement is for beneficiation of low-grade iron ore from reserves in Kurnool and Kadapa districts.
Chandrababu Naidu briefed the delegation about the advantages of Andhra Pradesh and highlighted the common areas of collaboration.
“Infrastructure development (ports, air terminals, roads, inland waterways and inter-linking of rivers), skill development and development of a world-class capital city are priority areas,” Naidu said.
Naidu also said that he wants to make Andhra Pradesh a medical tourism hub and clarified that Vizag has a decent Pharmaceutical industry base.
The Chief Minister also invited Australian delegates to take part in ‘Sunrise AP Global Investment Summit’ to be held at Visakhapatnam in October.
