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New maritime policy in a month: Naidu

Chief Minister N. Chandrababu Naidu on Wednesday announced that a new maritime policy to develop the 974-km coastline in the State would be unveiled in a month, saying that the move would give a fillip to industrialisation.

He was speaking on ‘Andhra talks business’ at the CEO and investors’ conclave organised by the Fortune India, in partnership with the State government at Hotel Novotel here. Over 100 CEOs, investors and top officials attended the programme. The session began with the launch of 2014 edition of Fortune India 500 mega issue by Mr. Naidu, along with Managing Director & CEO of ABP Pvt. Ltd D.D. Purkayastha and Fortune India editor D.N. Mukerjea.

Mr. Naidu said the government was developing the State into a mega trade and logistic hub, benchmarked against the business-friendly countries like Japan, South Korea, Malaysia, Singapore and Dubai and outlined plans to transform AP into a gateway to South East Asia. He said efforts were on to develop ports at Ramayapatnam, Nakkapalli, Kalingapatnam and other locations and mega cities at Visakhapatnam and Vijayawada. He also referred to fast-track growth focus in five grids viz. power, gas, water, road and fibreoptic.

“In AP, we want internet connection of 15-20 megabyte per second in every household in three years,” he said, adding that IT development would be the backbone of industrialisation.

Later, during a media interaction, he said a single window clearance system would be introduced to clear the online applications submitted by prospective investors within three weeks.

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