Naidu Invites UAE Oil Giants to Invest in Petro, Tech Sectors

• Naidu invited UAE firms to invest in petrochemical, LNG, and green energy projects
• Promoted Andhra Pradesh as a tech hub with opportunities in AI, fintech, and data centers
• Met UAE industry leaders and invited them to the CII Partnership Summit in Vizag

The Chief Minister of Andhra Pradesh, N. Chandrababu Naidu, made a three-day trip to the United Arab Emirates (UAE) where he pointed out huge investment potentials in the petrochemical, oil, and energy sectors of the state.

During Chandrababu Naidu UAE visit, the Chief Minister highlighted Naidu UAE investments and Andhra Pradesh petrochemical projects to strengthen foreign investment India.

The Chief Minister made an invitation to Ahmed Bin Thalit of the Abu Dhabi National Oil Company (ADNOC) to consider investing in such areas as petrochemical, LNG, gas processing, port logistics, and green energy projects. The two parties then agreed on developing a joint road map for technical collaboration between ADNOC and Andhra Pradesh.

Chandrababu Naidu stated, "Andhra Pradesh has abundant opportunities for investments in petrochemicals and the oil sector". The discussions with UAE oil companies India aimed at boosting petro sector growth, tech sector investment, and enhancing economic cooperation India UAE, according to Andhra investment news.

Also Read: India-UN Fund powers 10 Pacific nations with solar energy

The Minister for the Chief stressed that the areas neighboring the Krishnapatnam, Machilipatnam, Ramayapatnam, and Kakinada ports are most suitable for setting up petroleum-based industries. He also informed that quantum computing services are going to be launched in Amaravati starting from January 2026 where he also extended the invitation to the CII Partnership Summit taking place in Vizag on November 14-15.

At a luncheon meeting with business leaders, Naidu expressed his aspiration for Andhra Pradesh to morph into a global technology center. He discussed investment opportunities in data centers, artificial intelligence, machine learning, fintech, health tech and cloud computing and digital governance.

He also mentioned his initiative to enhance the innovation ecosystem with the Ratan Tata Innovation hub, and that he would be forming a working group to link UAE based technology firms with those in Andhra Pradesh.

Naidu subsequently met with senior executives at Apex Investments, Masdar, Agthia Group, and Lulu Group, encouraging them to invest in green energy and solar power, food processing and hospitality. He strongly encouraged one executive to invest in a chocolate factory, and invited all the executives to join him at the CII Partnership Summit.