Andhra Pradesh Economic Development Board 2.89

The Government of Andhra Pradesh has a vision to develop the state to be among the three best states of India by 2022, the foremost state in the country by 2029 and a global destination by 2050, with the overall aim of promoting inclusive growth, social well being and the happiness index. To achieve this vision, the state has to promote accelerated economic development.
The state seeks to achieve double digit growth over a sustained period of time through well planned structural shift of economy to industrial and services sector, which requires considerable investment in various sectors of the urban and rural economy.
For achieving the desired goal of all round economic growth and employment generation, a globally competitive investment climate, capable of quickly responding to fast changing global economic and technology scenario, need to be established in state. Towards this ends, the Government of Andhra Pradesh have decided to establish Economic Development Board.