AP Govt signs MoU with Singapore university

On Tuesday, the National University of Singapore, the Confederation of Indian Industries (CII) and the government of Andhra Pradesh signed a MoU to work on the 'ease of doing business in Andhra Pradesh'.

The MoU duration from April 1, 2015 to March 3, 2018 was signed on the last day of Chief Minister N Chandrababu Naidu's visit to Singapore. On the ease of doing business in Andhra Pradesh and related activities, the agreement has been made for cooperation in relation to preparing a Master plan.

On interesting issues such as enhancement of economic competitiveness and strategies and assessment on ease of doing business, the parties will collaborate in conducting joint-research programmes.

To identify and establish common interests and cooperative opportunities between the Andhra Pradesh, private sector investors - both local and foreign, this MoU will be enabling them.

As a platform to study economic situations, investment opportunities and for investment research in Andhra Pradesh, ASEAN and China; the Asian Competitiveness Institute at Lee Kuan Yew School of Public Policy will be utilized.

Chandrababu Naidu hoped that the MoU will strengthen relations with Singapore and spring up in building a happy, healthy and prosperous Sunrise Andhra Pradesh with many innovative ideas and lead to cultural exchange between the two countries.