AP CM invites BSE to set up innovation center

Mumbai, Aug 27: Andhra Pradesh Chief Minister N Chandrababu Naidu hits the ceremonial bell as Amaravati Bond is listed at the Bombay Stock Exchange on Monday in Mumbai.

The Chief Minister rang the bell at Sir Dinshaw Petit International convention hall of Bombay stock exchange here at 9.15 am on Monday to mark the listing of Amaravati bonds.

Addressing investors on this occasion the Chief Minister said earlier he built Hyderabad and now he wants to build Amaravati as top five best cities in the world.

Stating that it is a rare opportunity to develop a capital, he said it would be developed as a greenfield city.

He stated that the growth rate of AP stands at 10.5 percent for the past three years and now it went up to 11.2 percent at present.

Inviting the investors, the Chief Minister said it is the right time to invest in AP, which has been emerging as Number one in Ease of Doing business. He said the vision of Amaravati development include to develop Happiest city using data input, knowledge and innovation. He said renewable energy including solar and wind power would be promoted to prevent pollution.

The Chief Minister invited the BSE to set up its innovation center in Andhra Pradesh. Stating that the future is for innovation, the Chief Minister said AP is ahead in technology and innovation.

He explained on real-time governance, Comprehensive finance management system, e-Office, content corporation. He said 9 cities would be developed in Amravati capital with international standards.

Referring to the overwhelming response to Amaravati Bonds, the Chief Minister said it indicates the trust of people especially investors on Andhra Pradesh.