The Government of Andhra Pradesh and BRS Ventures of Abu Dhabi on Monday (2nd of May) inked an MoU for investments worth Rs.12,000 cr in the state, in presence of Chief Minister N. Chandrababu Naidu and BRS Ventures’ owner D.R. Shetty.
The MoU envisages investments in healthcare and tourism where the company is said to have agreed to set up a 3,500-bedded super speciality hospital in the state.
Mr. Shetty has also agreed to make significant investments in the state’s capital city Amaravati in the area of medical tourism.