KTR Leaves for UAE to Woo Investors

Published: 14th December 2014 06:22 AM  |   Last Updated: 14th December 2014 06:22 AM   |  A+A-

HYDERABAD: Telangana IT Minister KT Rama Rao left for United Arab Emirates on Saturday on a two-day visit to attract investments to the state. He was accompanied by some representatives of industry. Industries secretary Pradeep Chandra and TSIIC managing director Jayesh Ranjan had already reached Abu Dhabi on Friday.

Apart from explaining about the new industrial policy of the Telangana government to the investors there, the minister and the officials will visit major industries in Dubai and Abu Dhabi on Sunday and Monday. The state has announced attractive incentives, establishment of a land bank, single-window clearing system, assurance of basic infrastructure and permissions within 15 days for mega-projects and and within 30 days for major industries. He will visit export zone and textile park in Dubai on Saturday. He will meet industrialists in Abu Dhabi.

Rama Rao is also expected to take up the case of a large number of Telangana people, especially from Karimnagar and Nizamabad districts, who are languishing in jails or facing other hardships in Gulf countries.

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