Hyderabad

Naidu eyeing tie-ups with Australia

As part of attracting investments, Chief Minister N. Chandrababu Naidu will seek collaboration from Australia in mining, fisheries, aquaculture, agriculture and food processing during his address at Indo-Australian business summit in New Delhi on Monday.

The State government’s plan to establish an Economic Development Board and the proposed industrial and other policies will be touched upon by Mr. Naidu. Healthcare, life sciences, education and tourism are the other areas in which the Chief Minister will seek collaboration with Australia.

According to a press release here, A.P. tops in brackish and fresh water shrimp production and is second in fresh water fish production and fourth in marine fish production in the country.

Marine processing hub

With the Chief Minister drawing up plans to make A.P. a marine processing hub, the State aims to reach 40 per cent of India’s total production of high valued fish and shell fish from the current level of 20 per cent.

Mr. Naidu will also highlight prospects of working together on establishing fishing harbours through PPP mode, cold chain infrastructure, pre-processing facilities and value-added production facilities.

With Mr. Naidu aiming to develop Rayalaseema as a mineral hub, he will mention about beach sands, barytes, granite, limestone and bauxite and seek collaboration in different areas of mining, including mine exploration and development, mineral processing and beneficiation, mining software and consultation, mine safety and communication and R&D.

In the agriculture and food processing sector, he will explore opportunities on agri export zones, agri equipment, mega food parks, cold chain infrastructure, commercial dairy farming and dairy processing units.

He will also highlight the State’s plans to build world-class urban infrastructure facilities and the massive potential for PPP investments.

The Chief Minister will also speak on the policies relating to public-private partnership, textile & agro-processing, ports and Maritime Board Act.

The keynote will be delivered by Dharmendra Pradhan, Union Minister of State for Petroleum and Natural Gas. Other delegates include Andrew Robb, AO MP, Minister for Trade and Investment, Government of Australia and Michael Bruce BAIRD, MP, Premier, Minister for Infrastructure and Minister for Western Sydney.

Chief Minister to address Indo-Australian business summit in New Delhi today


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Printable version | May 19, 2022 3:30:32 am | https://www.thehindu.com/news/cities/Hyderabad/Naidu-eyeing-tie-ups-with-Australia/article60331756.ece