Pravin
The ongoing Global Investors Summit (GIS) happening at Visakhapatnam on the 3rd & 4th of March is an excellent opportunity for investors to explore various investment opportunities in the Andhra Pradesh State. One such opportunity that stands out is the Auro Industrial City (AIC) located in the Kakinada Special Economic Zone (SEZ).
Kakinada SEZ has the potential to create over 50,000 jobs from a wide range of industries like food & agri-processing, synthetic organic chemicals, petrochemicals, toys, furniture, and logistics & warehousing, etc,
AIC at K-SEZ offers investors a range of advantages that make it the best place to invest in the Andhra Pradesh State. Here are the 8 Reasons Why Kakinada SEZ is The Ideal Destination for Investors at the Global Investors Summit in Visakhapatnam.
- AIC plans to build world-class infrastructure with access to the latest technology, state-of-the-art facilities, and excellent connectivity through major transport networks.
- AIC provides investors with access to a vast pool of skilled human resources from top educational institutions.
- AIC offers investors access to a wide range of raw materials, making it an ideal location for businesses in various industries.
- AIC is strategically located in the Visakhapatnam Kakinada – Petroleum, Chemical, and Petrochemical Investment Region (VK – PCPIR), making it a future hub for refinery and petrochemical-based industries.
- AIC offers fiscal benefits to export-focused units, making it an ideal destination for global corporates, suppliers, and service providers.
- AIC is developing a dedicated all-weather, deep water, and multi-cargo port called the Kakinada Gateway Port, which will have berths to handle LNG, containers, general cargo, chemicals, liquid cargo, and POL.
- Kakinada Beach Road is undergoing a fast-paced 4-lane upgradation work under the Sagar Mala project by the Central Government, improving connectivity and transportation infrastructure to the Existing Kakinada Deep Water Port.
- Kakinada SEZ is located on the Vizag-Chennai Industrial Corridor and is the first zone on the eastern coast to offer piped natural gas connectivity. A dedicated railway line from Kakinada Gateway Port to Annavaram railway station is also planned to provide easy access for industries.
In conclusion, Auro Industrial City in Kakinada SEZ offers investors a unique investment opportunity with world-class infrastructure, access to a skilled workforce, availability of raw materials, and ample fiscal benefits. The development of industrial clusters, highways, major transport networks, townships, and a dedicated seaport makes it the best place to invest by the investors during the Global Investors Summit happening in Visakhapatnam on the 3rd and 4th of March 2023.
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