CBN attracts British investments to Amaravati; also plans tourist attractions


The Chief Minister of Andhra Pradesh, Mr. Nara Chandrababu Naidu was in London recently and while there, he held meetings with top officials from various companies like Rolls Royce, Vodafone, etc. Speaking at an interactive session with about 300 investors in London Friday night, he said “India is the country to invest and in India, Andhra Pradesh is the place. We have decided to convert every crisis into an opportunity.”

He also spoke about his plans on making Amaravati one of the top 10 cities in the world. He cited his earlier efforts in putting Hyderabad on the global map and now he expressed his vision on doing the same with Amaravati. “I want Amaravati to become the second home for Londoners,” he said, in a lighter moment.


Such was his success and his ability to attract investments that the British government’s Trade and Investment agency promised that British companies investing in Andhra Pradesh will get loans up to 85 per cent of the project cost.


He also visited tourist spots like the London Eye, which offers a breath-taking view of the city and expressed his interest in having such tourist attractions in the city. He also visited the British Museum and said officials from Amaravati will seek advice and learn best practices from the British Museum; to revive the modern Amaravati Museum.


He also announced his plans for a 1000 bed hospital with world class facilities in Amaravati, to be set up by London’s King’s College Hospital. Announcing that the foundation stone for the hospital to be laid in June, he said that the hospital will be ready to function in just two years.

Later, CBN also announced that a special office will be set up to process British investors and the processes will be done in just 14 working days.