Business Summary
A free market economy, the availability of a well-educated, Englishspeaking human resources base, the cost-effective services that Andhra Pradesh offers have all been attracting business from other shores. To capitalise on and extend the reach of foreign investment, the State needs to have a strong, competitive, physical and regulatory infrastructure. The State Govt. incorporated Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) in 1973 as the nodal agency to identify and develop industrial growth centres in the State with comprehensive infrastructure facilities to enable sustainable progress. In order to provide for the rapid development of physical and social infrastructure in the State, attract private sector participation in infrastructure building, to present bankable projects to the private sector and to improve the level of infrastructure in the State, the Govt. of Andhra Pradesh(GoAP) enacted.
