Home / Finance / News / Rs 22,000 cr investments made in Andhra Pradesh since June 2019: State govt

Rs 22,000 cr investments made in Andhra Pradesh since June 2019: State govt

Though oil giant Saudi Aramco was supposed to be a largest investor, particularly in the PCPIR in Visakhapatnam, it went away to Maharashtra

YS Jagan Mohan Reddy, Andhra Pradesh, jaganmohan reddy

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File Photo of Andhra Pradesh CM YS Jagan Mohan Reddy. Source: PTI

2 min read Last Updated : Feb 23 2020 | 8:31 PM IST

On the eve of a high-level delegation's visit to Saudi Arabia to seek capital for various sectors in the state, the Andhra Pradesh government on Sunday said Rs 22,000 crore worth investments have been made from June 2019 while another Rs 30,000 crore was in the pipeline.

Led by Zulfi Ravdjee, the state government's special representative for middle-east and far-east countries, the delegation would tour Saudi Arabia from February 24 to 27 to "attract FDIs in sectors like agriculture, food processing, pharmaceuticals, oil and petrochemicals and information technology."

"We will be following up on all investments that were negotiated during the previous

Topics : Saudi Aramco Aramco Andhra Pradesh Pharmaceuticals

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