Andhra signs MoU with Japan for capital’s development

Vijayawada, Oct 22 (IANS) Japan and Andhra Pradesh on Thursday signed a Memorandum of Understanding (MoU) for the development of Andhra capital Amaravati.

The MoU was signed a couple of hours before Prime Minister Narendra Modi laid the foundation stone for the capital.

Japan Bank for International Cooperation Director General (Social Infrastructure) Noriko Nasu and Andhra Pradesh’s Principal Secretary Finance P.V. Ramesh signed the MoU.

Andhra Pradesh Chief Minister N. Chandrababu Naidu and Japanese minister for economy trade and industry Yosuke Takagi were present at the function. Officials said the MoU would facilitate foreign investments and development of infrastructure in the new capital. The details will be worked out later.

Speaking at the foundation stone ceremony, the Japanese minister said his country was ready to lend a helping hand in development of Amaravati with the experience and technology

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of or any employee thereof. is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here