Hyderabad: Andhra Pradesh Chief Minister N Chandrababu Naidu on Saturday said the state government will establish several world-class convention centres which would address the needs of all stakeholders for the next 20 years.
Delivering the keynote address in the valedictory session at the Indian Exhibition Industry Association (IEIA) at HITEX Convention Centre here, Mr Naidu said, “In our aim to make AP a skill and knowledge hub, we wish to hold trade fairs which will contribute significantly in catapulting state’s economy.”
Giving an example, he said trade fairs and exhibitions were perfect opportunities for cities, states and countries to boost their economies.
“Even a small state like Niger (in Africa) has managed to grow its economy by organizing Trade Fairs. Every year trade fairs boost German economic output by 23.5 billion Euros. They also ensure that 2, 26, 000 people have full-time jobs,” he said.
“It is our belief that with a more cohesive integration and interaction between all sectors of AP’s economy, we will be able to fast-track our state’s quest for sustainable economic development,” Mr Naidu said, adding this would affirm the recognition of AP as a fast growing economy (within India) with various investment potentials and opportunities.
The Chief Minister said, “We will focus on the promotion and development of indigenous and international trade to increase the volume of trade and boost activities of industrialisation, which we believe, is critical to achieving a sustainable economic transformation.”
Recalling his efforts in building ‘Brand Hyderabad’ under his administration between 1995 and 2004, Mr Naidu said he had successfully created many architectural trademarks in the vibrant city. “One such wonder is the Hitex Convention Centre (HICC) and also the Cyber Towers, which was synonymous with brand “Cyberabad”, he said.
He revealed how he had, as the Chief Minister of united Andhra Pradesh, scrupulously replicated the best development models from various countries in Hyderabad, keeping the demographics in mind.
The Chief Minister said trade fairs, exhibitions and cultural events will be utilized as channels through which benefits of growth can be transmitted to improve the well-being of the citizens. (UNI)
