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DAVOS: UAE agrees to establish food cluster in Andhra Pradesh

Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo Amaravati, Jan 20: UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri on Tuesday agreed during a meeting with Chief Minister N Chandrababu Naidu to set up a food cluster in Andhra Pradesh. The meeting took place during the annual meet of the World Economic Forum (WEF) in Davos, Switzerland. The UAE minister also assured to enable 40 companies to set up shop in the southern state.

DAVOS: UAE agrees to establish food cluster in Andhra Pradesh

Credit: Dailyexcelsior

Key Highlights

  • “Al Marri agreed to set up a food cluster in Andhra Pradesh’s food processing sector,” an official press release said, detailing the developments at WEF.
  • Further, Naidu and Al Marri deliberated on strengthening the financial partnership between the state and the UAE.
  • Naidu showcased investment opportunities in food security, logistics, port-related industries, renewable power, urban development, tourism and infrastructure.
  • Both the leaders discussed the proposal of UAE company Sharaaf Group establishing a multi-modal logistics park in Andhra Pradesh, said the press release.
  • Likewise, they deliberated on the establishment of a modern construction unit employing light gauge steel framing technology in the greenfield capital city of Amaravati, and on Andhra Pradesh and DP World teaming up to develop large-scale port terminals, logistics facilities and infrastructure.
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Sources

  1. DAVOS: UAE agrees to establish food cluster in Andhra Pradesh

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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