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Hans India
a day ago
- Business
- Hans India
Singapore-based Surbana Jurong eyes AP housing projects
Singapore: Chief Minister N Chandrababu Naidu held a series of back-to-back meetings on the first day of his Singapore visit, successfully engaging global investors and inviting them to capitalise on AP's burgeoning growth opportunities. Among the key developments, leading urban infrastructure company Surbana Jurong expressed keen interest in investing in the state's housing sector, while Malaysian construction giant Eversendai proposed setting up a significant manufacturing factory. Representatives from Singapore-based Surbana Jurong, a prominent urban and infrastructure consulting firm, met Chief Minister Naidu. The Chief Minister extended an invitation to Surbana Jurong to actively invest in large-scale housing construction projects across Andhra Pradesh, encouraging their participation in the state's ambitious 'Housing for All' initiative. Chief Minister Naidu elaborated on Andhra Pradesh's strong focus on infrastructure development, highlighting plans for the development of 20 ports and 15 airports. He emphasised the state's strategic positioning as a major logistics hub and outlined the government's vision to transform these regions into thriving industrial townships. He urged Surbana Jurong to explore the extensive investment opportunities available in these areas. Tan Sri Dato' A K Nathan, chairman and managing director of Eversendai Engineering, a leading Malaysian construction company renowned for its iconic projects, also held discussions with Chief Minister Chandrababu Naidu. The primary focus of their meeting was Eversendai's proposal to establish a state-of-the-art manufacturing factory and an integrated training center in Andhra Pradesh. The Eversendai chairman indicated that Visakhapatnam or Krishnapatnam are being considered as potential locations for this facility, which would facilitate nationwide distribution of its products. The proposed manufacturing unit is projected to span approximately two lakh square meters. This substantial investment is anticipated to significantly boost industrial growth and create large-scale employment opportunities within the state. Eversendai also conveyed its interest in investing in infrastructure projects related to the development of Amaravati, the state capital. Furthermore, Chairman Nathan discussed the establishment of a Structural Engineering Training Center in collaboration with premier institutions such as IIT-Tirupati and IIIT Sri City, underscoring a commitment to skill development. Eversendai highlighted its impressive track record, which includes contributions to landmark global projects such as the Burj Khalifa, Petronas Towers, DLF Downtown Taramani in Chennai, and the Statue of Unity in Gujarat, showcasing their expertise and capacity for large-scale development.
Time of India
a day ago
- Business
- Time of India
Andhra Pradesh chief minister Chandrababu Naidu clinches big ticket project in Singapore
Vijayawada: Chief minister N Chandrababu Naidu on Sunday clinched a big ticket project on the day one of his Singapore visit as global construction gaint-Eversendai Engineering, based in Malaysia, expressed its keenness to set up its shop in Andhra Pradesh. Tan Sri Dato' AK Nathan, chairman and managing director (CMD) of Eversendai Engineering, met Naidu and held discussions about possible investment in AP. The discussions centered around setting up a state-of-the-art manufacturing factory and an integrated training centre in Andhra Pradesh. The Eversendai chairman mentioned that they are looking at Visakhapatnam or Krishnapatnam as a potential location for setting up the facility and enabling nationwide distribution of products. The proposed manufacturing unit would span about two lakh square metres. This proposed investment is expected to significantly contribute to industrial growth and generate large-scale employment in the state. Eversendai also expressed interest in investing in infrastructure projects related to the development of Amaravati, the state capital. Further, the chairman discussed the establishment of a structural engineering training centre in collaboration with premier institutions like IIT Tirupati and IIIT Sri City. Eversendai also highlighted that the company has previously contributed to landmark projects such as the Burj Khalifa, Petronas Towers, DLF Downtown Taramani in Chennai, and the Statue of Unity in Gujarat. Meanwhile, global urban infrastructure company Surbana Jurong has also came forward to invest in Andhra Pradesh. Representatives from the company met Naidu. The chief minister invited Surbana Jurong to actively invest in large-scale housing construction projects in the state and encouraged them to be a part of the housing for all, initiative. Naidu explained that the state is focusing on infrastructure development projects and highlighted the development of 20 ports and 15 airports, positioning itself as a logistics hub. He shared the government's vision of transforming these regions into industrial townships and urged the company to explore the investment opportunities in the state.
