Andhra Pradesh Chief Minister N Chandrababu Naidu met the UAE Minister of Economy and Tourism Abdullah bin Touq Al Marri at the World Economic Forum summit in Davos today. During the meeting, Mr Naidu outlined investment opportunities in food security, logistics, port-based industries, renewable energy, urban development, tourism and infrastructure. The talks focused on strengthening economic ties between Andhra Pradesh and the UAE. Al Marri agreed to work with Andhra Pradesh in the food processing sector through the Dubai Food Cluster.
The two sides discussed a proposal by the Sharaf Group to set up a multi-modal logistics park in Andhra Pradesh. The Chief Minister discussed developing large port terminals and logistics infrastructure with DP World. He also spoke about setting up a floating storage and regasification unit through ADNOC. The Chief Minister said a strategic partnership with the UAE would boost industries, jobs, and exports in Andhra Pradesh. Mr Al Marri assured full support from the UAE government and leading companies.
