UAE Shows Interest in Investing in Andhra Pradeshs Food Processing Sector

Visakhapatnam, November 11 (Daily Kiran) : Abdullah bin Touk Al Marri, the UAE Minister of Economy and Tourism, met with Andhra Pradesh Chief Minister N. Chandrababu Naidu in Visakhapatnam on November 11. The discussion centered on potential investments across various sectors in the state. During the meeting, the Chief Minister extended an invitation to UAE companies to invest in Andhra Pradesh’s food processing sector.

Minister Al Marri was in Visakhapatnam to participate in the CII Partnership Summit, where he praised the Bhogapuram Airport and congratulated Naidu on its completion. The Chief Minister highlighted that fruits from the Rayalaseema region are already being exported to international markets. He mentioned that the state government is working towards developing Rayalaseema into a leading horticultural hub with an investment of nearly ₹1 lakh crore.

Naidu invited the UAE-based agricultural and food company ‘Silal’ to take part in the proposed food cluster. He emphasized the vast investment opportunities in the procurement, processing, and export of agricultural and food products in Andhra Pradesh.

The meeting also covered a proposed project by Dubai’s ‘Floramaster’ in Chittoor district. Naidu requested the UAE minister’s assistance in expediting decisions related to proposals linked to the food cluster.

Additionally, the Chief Minister pointed out investment opportunities in the maritime, aerospace, and defense sectors, urging UAE companies to take advantage of these prospects in the state. He assured that Andhra Pradesh is fully prepared to collaborate with UAE in these areas.

Minister Al Marri commended the newly constructed Bhogapuram Airport, calling it an excellent project, and reiterated the UAE’s interest in increasing investments along India’s eastern coastline. He noted that Andhra Pradesh could become a significant hub for UAE investments.

The UAE minister also mentioned that several global companies, including Google, are establishing data centers in Andhra Pradesh, indicating the state’s potential to attract substantial investments.

The UAE delegation informed the Chief Minister that they are exploring the possibility of importing shrimp and other aquaculture products from Andhra Pradesh. They also revealed that 12 additional UAE companies have expressed interest in investing in the proposed food cluster. Officials and representatives from various UAE companies were present at the meeting.