For the past three years, we have been holding CII summits in makeshift venues.
By making the governance paperless and transparent Andhra Pradesh will be among the top three investment destinations in India by 2022, the top destination by 2029 and among the top five in the world by 2050.
He produced evidences to show how Naidu used to say that SCS would not fetch more than Rs 3,000 crore and that state would get more with special package.
The foundation stone of the project was laid by India's Vice President M Venkaiah Naidu in the presence of Andhra Pradesh Chief Minister Chandra Babu Naidu; union ministers Suresh Prabhu, Ashok Gajapathy Raju, Y S Chouwdary; Yusuffali M A, chairman and managing director of Lulu Group, Ashraf Ali M A, executive director of Lulu Group, Ananth A V, director of Lulu Group; state ministers, diplomats and delegates from across the world.
The Adani Group has announced an investment of Rs 9,000 crore including the development of a port at Bhavanapadu.
Governor ESL Narasimhan, who was the chief guest, said he had no doubts that the State would achieve the targets it had set for itself under Chandrababu Naidu who worked like a machine. "We are fully committed to completing this prestigious project within 36 months", Yusuffali added.
"We hope to complete this prestigious project by 2021", Yusuffali said.
The energy sector alone accounts for investment of almost Rs 1.12 lakh crore. He said the company will also create best ecosystem for innovation incubation, and startups with venture capital.
UAE-based Lulu Group will construct an global convention centre, hotel and shopping mall in this coastal city of Andhra Pradesh with an investment of Rs 2,000 crore.
"If you have any problem you can bring it to my notice".
In the industries sector, the state signed 129 MoUs, which is expected to bring Rs 58,337 crore investment and generate 1,31,682 jobs. "All clearances will be given within 21 days and, if there is any issue, I am only a phone call away from you". In mining sector, 31 MoUs worth Rs 12,227 crore were signed.