Chief Minister N Chandrababu Naidu who held a review with officials on the tourism sector, told them to finalise a new tourism policy by the month end, the release said.
The new policy would be unveiled in the temple town of Tirupati, the statement said.
The Chief Minister asked officials to promote Andhra Pradesh as a "sunrise state", using the word 'sunrise' as a prefix for Andhra Pradesh.
According to the statement, Naidu told officials that tourism should emerge as an important revenue source by 2029.
Observing that the state government would act as a facilitator by creating infrastructure, he said tourism could be promoted through private investments and the PPP model.
The government would permit investments in the sector through a 'single desk' policy, Naidu said in the statement.
Noting that the state's long coastline on the eastern shores of the country and its vast water resources are assets to the state, the Chief Minister said these could be turned into an important source of revenue.
Observing that tourism is being developed on a large scale in some foreign countries though they lacked other things, Naidu said that the state possessed great potential in comparison, the statement said.
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