An official team from Telangana government, led by Chief Minister Revanth Reddy will be touring abroad from today seeking investments in the state. They will discuss investment with Singaporean industrialists along with signing agreements on partnership with Skill University.
From there, the CM team, which will go to Switzerland on the 20th of this month, will participate in the World Economic Forum summit to be held in Davos and hold talks with prominent companies. Revanth Reddy is confident that the state will receive huge investments. Chief Minister Revanth Reddy, Industries Minister Sridhar Babu and officials will be touring Singapore and Switzerland.
They are leaving for Singapore on Thursday night and will remain there till the 20th of this month. They will visit the Singapore University of Technology and Design in Changi. Agreements on partnership will be signed in the Skill University to be set up in the state. They will discuss industrial investments with companies. They will leave for Switzerland from Changi Airport in Singapore at midnight on the 20th of this month.
They will reach Zurich Airport in Switzerland on the morning of the 21st of this month and go to Davos. Public representatives, industrialists and financial experts from the country and abroad will attend the Davos conference. They will discuss investments in the state with industrialists and sign agreements.
CM Revanth Reddy’s team also attended the World Economic Forum conference held in Davos in January last year. Then, investments of Rs. 40,232 crore were received. Agreements were signed with 14 leading companies for 18 projects for investments in the state at Davos, of which 17 projects have been started. Ten projects are in progress, while another 7 are in the initial stage.
The CM is confident that this time also huge investments will come to the state, especially Hyderabad, with its positive aspects. Revanth Reddy hopes to once again showcase Hyderabad as a future city on world platforms. He will return to Hyderabad on the 24th morning of this month.