AP, NUS, CII sign MoU

HYDERABAD: The Government of Andhra Pradesh, National University of Singapore and the Confederation of Indian Industries (CII) have inked a Memorandum of Understanding in Singapore to work on “Ease of Doing Business in AP.”

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  • Master Plan on East of doing business in AP
  • Building sunrise state: Naidu

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The MoU signed between NUS (acting through the Asian Competitiveness Institute at Lee Kuan Yew School of Public Policy), AP and CII is for cooperation in relation to “Masterplan on Ease of Doing Business in Andhra Pradesh (MEDBAP): Vision 2020” and other related activities. The duration of the MoU is from April 1, 2015 to March 31, 2018. As part of the tripartite MoU, the parties will collaborate in conducting joint research programs on interesting issues such as strategies and assessment on ease of doing business and enhancement of economic competitiveness. The MoU will also enable them to identify and establish common interests and cooperative opportunities between Andhra Pradesh and private sector investors, (both local and foreign).

The following factors will be considered to assess business friendliness: Starting a Business means dealing with construction permits, getting electricity, land acquisition and registration of property, getting credit,  protecting minority interests, paying taxes, trading across borders, enforcing contracts, resolving labor market etc.

The MoU also envisages regular visits of delegations for exchange of ideas and research strategies formulation, holding joint seminars where NUS and AP assess and update their progress on the project. Asian Competitiveness Institute at Lee Kuan Yew School of Public Policy will be utilized as a platform for investment research, to study economic situations and investment opportunities in AP and ASEAN, China. This will also help promote joint research output through various channels in India, Singapore and other ASEAN economies. The parties will also prepare a joint Annual Progress Report (“APR”) summarizing and detailing the activities and research outputs. The MoU enables the NUS and AP to exchange ideas in the form of field trips to meet national/local think-tanks and officials of Andhra Pradesh. ACI staff will meet think-tanks, senior national and local government officials in India, host seminars in Singapore at ACI-Lee Kuan Yew School of Public Policy or in India in AP annually.

After signing the MoU, the Chief Minister N. Chandrababu Naidu said, “This will strengthen our relations with Singapore and spring up many innovative ideas and lead to cultural exchanges between the two countries. Let us be partners in development and work together to bring the best brains forward in building a happy, healthy and prosperous Sunrise Andhra Pradesh,” the Chief Minister added.

The MoU was signed by Dr Tan Khee Giap, Co-Director, Asia Competitiveness Institute, Lee Kuan Yew School of Public Policy, National University of Singapore and on behalf of the Government of Andhra Pradesh by Shamsher Singh Rawat, IAS, Secretary & CIP, Department of Industries & Commerce.

Visits developed towns

Chandrababu Naidu began his second day with a visit to Bishan Park and Tao Payoh Town in Singapore. Bishan and Toa Payoh are established towns with attractive housing, vibrant commercial nodes and a diverse range of amenities. Residents have better transport connectivity, new parks and recreational facilities.

Taking a tour of the towns, the Chief Minister was briefed by officials about how a drain was made into a river. The 150 acre town has an Active Beautiful Clean (ABC) water policy. He was informed that property prices shot up in the area.

The Chief Minister enquired if the officials could offer their expertise in making AP’s canals and rivers Active, Beautiful and Clean. He instructed MA & UD Minister P. Narayana and Secretary A. Giridhar to coordinate with the officials and work out a plan to implement ABC policy in Andhra Pradesh’s towns.

The Chief Minister was informed that a huge volunteer network – close to 3,000 people – and MPs too work to take care of Singapore’s parks. The Park officer informed the Chief Minister that people are continuously consulted for value-addition and that “there’s no park better than a people’s park.” (NSS)

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