Hyderabad: Chief Minister N Chandrababu Naidu would undertake a week-long visit to Japan from Monday, aiming to enhance cooperation and attract investments into Andhra Pradesh.
"Six MoUs in different areas, including agriculture, power and urban development, would be signed with Japan government and different organisations during the visit," Parakala Prabhakar, Advisor (Communications) to the state government, told reporters here today.
Naidu, leading an 18-member delegation, will have meetings with high-powered CEOs of Japanese companies during the visit, he said.
Seeking to woo the top companies towards investing in Andhra Pradesh, the state government has prepared brochures and a short-film in Japanese language.
In addition, Naidu's speeches would be translated into Japanese language to reach out to the audience during the visit, Prabhakar said.
The delegation would visit Osaka, Kyoto, Tokyo and other cities and return to Hyderabad on November 30.
On being asked why Japan has been chosen for the visit, he said the state government would like to benefit from the substantial commitments made to India during Prime Minister Narendra Modi's visit to Japan and also as the island nation is advanced in the areas of electronics and information technology.
"Japan is now already involved in the
Bangalore-Chennai industrial corridor. Recently, the Prime Minister visited Japan. There was a commitment of about USD 30 billion to India. We want to leverage as much as possible from that.
"Secondly, we have been focusing on information technology and electronics from the beginning. There is a lot of difference in the information technology that existed earlier and the information technology since 2012. Advanced research is taking place in Japan in this. Here, we are talking about energy, information technology and electronics manufacturing as well," he said.
Recalling that the state government's recently announced IT policy lays emphasis on electronics in a big way, he said estimates indicate that the demand in electronics would surpass even the oil imports bill by 2020-25.
Andhra Pradesh government would like to take the lead in electronics manufacturing, he said.
Japanese government representatives and companies have evinced interest in cooperation with Andhra Pradesh.
"We strongly feel that investments, industrial opportunities and opportunities for knowledge-sharing would be higher from Japan," he said.
During the visit, the Andhra Pradesh government would reach an understanding with Sumitomo Corporation for construction and mobilisation of funds for setting up a 4,000 MW power station in the state, he said.
One of the MoUs include cooperation in development of a capital city for Andhra Pradesh.