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AP inks pact with China’s Ali Baba to develop MSMEs in state

Updated: Aug 29, 2018 06:03:49am

AP inks pact with China’s Ali Baba to develop MSMEs in state

New Delhi, Aug 29 (KNN) A memorandum of understanding (MoU) has been signed between Ali Baba Cloud India (a part of China’s e-commerce giant Ali Baba) and Andhra Pradesh's Economic Development Board (APEDB) to develop micro, small and medium enterprises (MSMEs).

In the presence of Chief Minister N Chandrababau Naidu the MoU was inked at Undavalli in Guntur to facilitate MSMEs in the areas of skill development, information technology and others.

APEBD, CEO Jasti Krishna Kishore and Ali Baba Cloud India MD Alex Lee signed the MoU.

On the occasion, Ali Baba company delegates explained that they would help state government in developing best cities with the experience that they have in development of smart cities and effective management of heavy traffic flow.

The company will also provide skill development to the government authorities on advanced technology, in coordination with various departments.

They further promised that they will introduce their innovations and advanced technology in the State.

Speaking on the occasion, Chandrababu Naidu said that the State government aimed to synchronize modern technology with administration in order to provide best governance to the citizens and help in their development.

In this regard, Chief Minister asked them to establish their cloud computing centre in Andhra Pradesh.

The company has already established one cloud computing centre in Mumbai in India.


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