The sixth State Investment Promotion Board (SIPB) meeting, held under the leadership of Andhra Pradesh Chief Minister N Chandrababu Naidu approved Rs 33,000 crore investments related to 19 projects.

These projects are expected to generate employment for 35,000 people in the Energy, Tourism, IT, and Electronics sectors.

The SIPB, which had six meetings in the past 11 months, has given its consent for Rs 4,95,796 crore investments with regard to 76 projects, creating a total of 4,50,934 jobs.

The Chief Minister instructed officials to continuously monitor the companies that have committed to investing in the State, from laying the foundation stone to till the inauguration.

Officials are to closely track the progress of each project and develop a dashboard to reflect the status of investments and on-ground developments. This will allow real-time monitoring of each project’s progress, the Chief Minister noted.