Jagan to hold mega conference to attract investments

Andhra Pradesh Chief Minister YS Jaganmohan Reddy is now focusing his attention on attracting huge investments from other countries and also from various parts of the country, so that to give a push to the industrial scenario in the state. Moreover,  industrialisation is needed to create job avenues to the youth.

In a bid to attract investments, the Andhra Pradesh government in coordination with Ministry of External Affairs (MEA) is organising a mega conference in Vijayawada on August 9. The conference will be attended by high-level representatives from various countries. Ambassadors, diplomats and consulate generals from at least 30 to 40 countries will attend the event.

The summit is scheduled to be held in two phases. In the first phase, Chief Minister YS Jagan Mohan Reddy will meet with the ambassadors and consulate generals. In the second, Reddy will hold individual meetings with the representatives of different countries.

The South Korea-based Kia Motors company is preparing to launch its new car on August 8 into the market at Penukonda in Anantapuram district. The company has invited the Chief Minister for the launch of the new car.

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