A leading national daily has published some interesting facts about AP CM Chandrababu Naidu’s upcoming visit to UK amidst criticism from opposition. According to this, a UK-based government agency has come out with an interesting set of agenda for Babu who is very eager for more funds.
British investors are offering loans for upto 85 per cent of the project costs and Chandrababu Naidu is planning to attracting investments of at least Rs 1,000 crore for the development of new capital city of Amaravati during his forthcoming two-day visit to London soon. The UK Trade & Investment has assured AP in this regard.
Pricewaterhouse Coopers (PWC) has reportedly prepared an investment strategy for the companies planning to invest in Amaravati titled “Prospectus for AP“, PWC has reportedly listed about 20 viable projects in Andhra. UK-India Business Council is hosting one major event in London during Babu’s visit which is being attended by nearly 150 leading British companies.
With the tax filing season currently going on in UK, some of the leading Dubai and Kuwait based companies will be in London during the CM's visit and they will be attending the event. The UK Trade and Investment Agency is now fully assisting in the development of Amarvati along with the World Bank, Andhra Bank, Japan International Cooperation Agency (JICA), and Housing and Urban Development
Corporation (HUDCO).
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