Visakhapatnam: Andhra Pradesh Chief Minister Jagan Mohan Reddy makes a big announcement at the International Diplomatic Alliance Meet in New Delhi today. Addressing the summit, he said that,
"I am here to invite you to Visakhapatnam which will be our capital. I will also be shifting to Vizag in months to come. I invite you and your colleagues to see for yourself how easy it is to do business in Andhra Pradesh." The statement was made infront of several international dignitaries attending the state government's diplomatic alliance meet in the national capital.
The summit was attended by Mr Tae Jin Park, MD & CEO, KIA Motors (Korea), Mr. Yamaguchi, MD & CEO, Toray industries. (Japan), Mr. Deepak Dharnarajan Iyer, President, Cadbury India (USA), Mr. Roshan Gunawardhana, Director, Everton Tea India Pvt Ltd (Italy), Mr. Sergio Lee, Director, Apache and Hilltop Group (Taiwan) and Mr. Phani Kunar, CMD, Saint-Gobain Industries India Pvt Ltd (France). The event was a precursor to the upcoming global investors summit scheduled on March 3,4 in Visakhapatanam where several top industrialist have been invited. The summit has been planned as an initiative to attract global investments to the state.
The announcement seeks significance as the Andhra Pradesh government is going full throttle to implement the three capitals strategy in the state of Andhra Pradesh, by making Visakhapatnam the Executive capital, Kurnool the judicial capital and Amravati the legislative capital. The comment comes ahead of Supreme court hearing of the contentious case today itself.