The State and the Central governments have together conducted a diplomatic outreach programme in Vijayawada on August 9, in which Ambassadors and Consul Generals from 35 countries attended. The event was to tell the diplomats of these countries about the investment opportunities available in Andhra Pradesh and invite them to come.
According to sources, at least 15 diplomats have responded positively to bring investments to the State, after their interaction with Chief Minister Jaganmohan Reddy, Industries Minister Mekapati Gowtham Reddy and chief secretary L V Subrahmanyam. They have given their plans to invest in the areas of their interest.
Chief Minister Jaganmohan Reddy is conscious about speaking on the prospective investments expected in the State as his predecessor Chandrababu Naidu was known for over publicity. Chandrababu Naidu government had conducted three investors’ meetings in Visakhapatnam during his tenure and announced investments worth a few thousand crore rupees. The government had also spent huge amount on these meetings including publicity and arrangements. However, at the end of the TDP’s term, nothing had come to the State in terms of investment. No major factory or industry or even an office was opened after the three investors’ meetings.
Having seen this unwanted publicity of the previous government on investment mobilisation, the Chief Minister now is very keen on making announcements. He had directed the officials and the Ministers to play low about investment claims until they are materialised and the investment becomes a reality. It is for this reason, the Jaganmohan Reddy government is silent on the diplomatic outreach meeting held in Vijayawada and the promises made by the ambassadors at the meeting.
It is to be seen how Jaganmohan Reddy government handles the investment issues, particularly at a time the government is branded as anti-industry and anti-investment.