Now Andhra Pradesh got one more big company Signed Memorandum of Understanding (MoU) with Chinese Huanquiu Contracting and Engineering Corporation (HQCEC), Isomeric Holdings and LEPL Ventures to the establish a gas-based fertilizer plant in Krishnapatnam and the Investment of Rs 10,183 crore.
By this Government of Andhra Pradesh said that this will help 5,000 jobs in our state and this company Track record has been good established 50 years ago. This is been totally the subsidiary of China National Petroleum Corporation and this Project will soon start in AP from 2017-2018. Now cm Chandrababu is requested Jetro company president Yas-ushi Akahoshi to set up industries in the Andhra Pradesh that we are very supported towards the Such initiatives. By this AP government is ready to clear all the permissions required to in the 3weeks and furthuer work has been seen by CM dashboard.