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AP is the Paradise for the investments says, CM Chandrababu Naidu

AP is the Paradise for the investments says, CM Chandrababu Naidu
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Asia Pulp and Paper management signed a MoU with AP government for the formation of the paper industry at Ramayapatnam in Prakasam district on...

Prakasam: Asia Pulp and Paper management signed a MoU with AP government for the formation of the paper industry at Ramayapatnam in Prakasam district on Wednesday.

In two countries Asia Pulp is investing Rs 24k cr. The paper industry will provide nearly 4500 direct, 12.000 indirect employment, and 50 thousand farmers will be benefited with the paper mill.

This paper mill will produce 4.3 million tones of production every year. Constructing the Ramayapatnam port and paper mill is a historical event, CM said.

In ease of doing business, AP stands No.1 and the state has become the paradise for the investments, Naidu says.

The surrounding locations are going to change with the coming of the port and paper mill. If Opposition leaders try to oppose the industries in this area, then people will thrash them.

Naidu said that more development works will be initiated at the coastal areas. His government is work with the determination of developing the state.

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