Vijayawada: The Andhra Pradesh government on Saturday inked a MoU with Japan to develop a food value chain in the state.
Under the MoU, Japan’s Ministry of Agriculture, Forestry and Fisheries will encourage direct investments by Japanese companies in the fields of agriculture and food-related industry in Andhra Pradesh.
Along with developing a food value chain, it will also establish food industrial parks and develop cold chains.
Speaking to the representatives from MAFF, Chief Minister N Chandrababu Naidu said that Andhra Pradesh occupies a premier position in agri-business with a major contribution in agriculture, horticulture, dairy, poultry, fisheries and marine production.
Naidu requested the senior officials of MAFF to organise road shows in Japan involving industry leaders of Andhra Pradesh and Japanese companies to forge strong collaboration and partnership to enable technology transfer and investments in Andhra Pradesh.