Invest in Petrochemical, Energy Sectors and Others in AP: Naidu
N Chandrababu Naidu, the Chief Minister of Andhra Pradesh, has stated that the state provides numerous investment possibilities in petrochemicals, energy, and food processing industries. The Chief Minister held discussions with oil company representatives and outlined the opportunities available within the state.
During the second day of his visit to the United Arab Emirates on Thursday, he conducted a meeting with ADNOC Global Trading's leader Ahmad Bin Thalit at Al Maryah Island in Abu Dhabi, where he detailed investment prospects in petrochemical, oil, LNG, gas processing, port logistics, and green energy industries within the state.
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Subsequently, he held meetings with Abu Dhabi Chamber of Commerce Chairman Ahmed Jasim Al Zaabi and G 42 International CEO Mansoor Al Mansoori, extending invitations to the Visakha CII Partnership summit. He informed them that quantum computing services would become operational in Amaravati starting January 2026.
During a lunch gathering with business leaders in Abu Dhabi, the Chief Minister explored investment possibilities in data centers, artificial intelligence, machine learning, financial technology, healthcare technology, and cloud computing.
He suggested creating a working group to facilitate coordination between technology firms in the UAE and Andhra Pradesh.
Subsequently, the Chief Minister conducted individual discussions with multiple major industrial leaders in Abu Dhabi, sharing details about investment prospects in the food processing and energy industries. Naidu engaged in conversations with officials from Apex Investments, Masdar, Agthiya Group, and Lulu group.
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He appealed to Apex Investments chairman Khalifa Khouri and Masdar CEO Md Jameel Al Ramahi to consider investing in the energy domain. Given that technology leader Google plans to establish AI data centers in Vizag, he suggested these firms could concentrate on renewable energy and hospitality sectors.
Naidu extended an invitation to the Masdar group for capital investments in solar power, wind energy, sustainable energy solutions, and battery manufacturing. During a distinct discussion with Agthia group CEO Salmeen Alameri and Lulu Group chairman Yusuf Ali, the Chief Minister encouraged them to invest in food processing ventures.
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Naidu emphasized that they should consider establishing a chocolate manufacturing facility in the southern state. The Chief Minister welcomed all the corporate leaders to participate in the partnership summit. Naidu is visiting the Emirates to showcase Andhra Pradesh, secure investments, and encourage business leaders to attend the upcoming CII Partnership Summit scheduled for November in Vizag.