KCR leaves for China to fetch Rs 50k-cr. investment

Chief Minister K Chandrasekhar Rao on Monday left for Eastern nation of China for a 10-day sojourn and to address World Economic Forum Conclave at Dalian on September 9.

Aimed at fetching over Rs 50,000 crore investments from China, the Chief Minister, who left in a special flight from Rajiv Gandhi International Airport at Shamshabad will interact with noted companies to rope in Telangana State. He will also portray to the Chinese companies and industries about investment opportunities, new industrial policy, hassle-free permissions in 11 days, abundant human and natural resources, land bank and official machinery.

During his trip, the Telangana Chief Minister will woo the Chinese government, business honchos, of industry bigwigs and entrepreneurs. KCR is likely to portray Telangana State’s strengths and priorities for welfare and development through flagship programs at global arena. Besides focusing on how he solved persistent power crisis and investing about Rs 91,000 crore to make Telangana a surplus State in power and steps being taken to complete the pending irrigation projects in Palamur, Nalgonda and other design change for projects like Pranahitha Chevella and getting national status to it are some of the issues that KCR may talk about.

It is a rare opportunity for Telangana Chief Minister to attract investments from Eastern nation which may improve bilateral relations. He may focus on to attract illustrious IT companies, industries and companies to rope in Telangana state as its capital – Hyderabad is to be transformed as smart city with global standards.

Ministers, legislators and officials accompanied the Chief Minister include Council Chairman Swamy Goud, Speaker S Madhusudana Chary, Industries Minister Jupally Krishna Rao, Power Minister G Jagadish Reddy, Chief Whip Koppula Eshwar, MLA Guvvala Balaraju, Telangana State representative in Delhi S Venugopal Chary, political secretary S Subhash Reddy, J Santhosh Kumar, CMO principal secretary Narsing Rao, additional secretaries Shanthi Kumari, Smitha Sabharwal, special secretary Rajasekhar Reddy, Intelligence IG Sivadhar Reddy, Bhagavath, IT principal secretary Jayesh Ranjan, mission managers Jagadish, Sivani Shankar and some industrialists.

Those who bade farewell to KCR include Deputy Chief Ministers Kadiam Srihari, Mahamood Ali, Deputy Speaker Padma Devender Reddy, Home Minister Nayani Narsimha Reddy, Pocharam Srinivas Reddy, Etela Rajender, T Harish Rao, K T Rama Rao, Mahender Reddy, Talasani Srinivas Yadav, A Indrakaran Reddy, Tummala Nageshwar Rao, Jogu Ramanna and others. (NSS)