Vizag gets decked up for mega summit

With newly installed high-mast lamps spreading more glow on Beach Road, roads in key locations getting a makeover, colourful structures dotting junctions, and greenery adding to the beauty, the City of Destiny, which is being touted as the Financial Capital of Andhra Pradesh, gets decked up for the prestigious Partnership Summit.

Slated for 14 and 15 November, the two-day meet at the Andhra University Engineering College Grounds in the city is aimed at attracting investments on a large scale.

With the theme of “Partners in Progress – India’s Roadmap to Viksit Bharat 2047,” the summit will see participation of delegates in large numbers from India and abroad. Over 400 MoUs are expected to be signed at the platform. Besides, the foundation stone will be laid for big projects like the ArcelorMittal steel plant and the Lulu Mega Mall.

While Vice President C.P. Radhakrishnan will inaugurate the summit, Union Minister for Commerce Piyush Goyal will participate in the inauguration of the Andhra Pradesh Pavilion.

After the inaugural session, a discussion on technology, trust, and trade will be held. In the afternoon, Chief Minister N. Chandrababu Naidu will address the “AI for Viksit Bharat” session, explaining how artificial intelligence can accelerate Andhra Pradesh’s economic growth.

In the evening, the Chief Minister will participate in the “Reimagining Public Finance Summit” to be organised by the State Finance Department. Later, he will meet the Vice Chairman of the Sanjiv Goenka Group and lay the foundation stone for the Lulu Mall in Visakhapatnam.

On the second day, the Chief Minister will interact with Bloomberg Media. He will later lay the foundation stone for the projects to be taken up by Raymond, Sri City, and Indosole.

He will also meet delegations from Bahrain, New Zealand, Canada, and Japan. In the afternoon, he will inaugurate the Centre for Frontier Technologies of the World Economic Forum, followed by the laying of the foundation stone of the Google project.

In the evening, MoU exchange ceremonies will be held.

The State government anticipates that the summit will attract investments worth over ₹10 lakh crore.

To promote the event, the Chief Minister and his son N. Lokesh have visited foreign countries to attract global investments.

Also read: Bharat Forge expresses interest to invest in AP

This article is written by Senior Journalist Lakkoju Nagesh Babu