Andhra Pradesh Chief Minister Mr. Nara Chandrababu Naidu’s ongoing visit to Russia is proving to be more fruitful to the state every day as yesterday, Mr. Naidu signed a Memorandum of Understanding (MoU) with Russia’s State Marine Technical University to promote marine education and technology.
The agreement was signed at the port city of St. Petersburg and this university works in conjunction with United Shipbuilding Corporation and Rosoboronexport.
Firms involved in the maritime sector in India and Andhra Pradesh, will benefit greatly from this collaboration, according to a statement by the government.
Rakhmanov Alexey, President of United Shipbuilding Corporation said that the university is considering to make Andhra Pradesh the headquarters of the company in India as the state has unique marine activity.
Highlighting the opportunities available, Naidu said that Andhra is set to become a logistics hub in India.
“We want to promote inland navigation and also the commercial usage of water transport. Water-based transport is cheaper when compared to other forms of transport,” said Mr. Naidu and added that the state would soon set up the maritime university.