French Firms Interested to Invest in
Solar Energy, Sports, Urban
Infrastructure in Andhra Pradesh
IANS
First published: December 1, 2016, 8:57 AM IST | Updated: 3 hours ago
They also showed interest in investments in sectors like transportation, water, energy, waste,
information technology and communications. (Image: Reuters)
French companies have evinced interest in collaborating with
the Andhra Pradesh government and making investments in
smart cities, urban infrastructure, urban development, solar,
renewable energy and sports.
A delegation of 53 companies and organisations led by French
ambassador to India, Alexandre Zieglar visited the state on
Wednesday and met Chief Minister N. Chandrababu Naidu and
senior officials.
They also showed interest in investments in sectors like
transportation, water, energy, waste, information technology
and communications.
Many firms showed interest in collaborating with the state
government in the development of state capital Amaravati and
metro rail projects in Visakhapatnam and Vijayawada.
Nicolas Forage, Director- South Asia, French Agency for
Development conveyed interest in contributing financially to
the development of Amaravati, according to a statement from
the office of the chief minister.
The French ambassador was impressed by the ambitious
Amaravati development project and lauded Chandrababu
Naidu's vision to develop a greenfield modern capital city.
The French companies made presentation on their potential
areas of collaboration.
Naidu was impressed with the innovative ideas and
technologies showcased by the French companies and
welcomed their request to partner with the government of
Andhra Pradesh.
He requested the French companies to sign MoUs with the
Andhra Pradesh Economic Development Board and seek
assistance on streamlining their entry and investments in the
sunrise state.
Naidu said Andhra Pradesh an ideal place for investments with
long coast line and abundant mineral resources. He welcomed
the French business delegation to invest in various sectors in
the state by assuring necessary support and clearances within
14 days.