2016 CII Partnership Summit
The three-day 2016 CII Partnership Summit titled 'Sunrise Andhra Pradesh Investment Meet' concluded at APIIC Harbour Park in Visakhapatnam. As many as 328 Pacts worth Rs. 4.78 lakh crore with investors from India and the Middle East, the United States, China and other countries were signed during the summit. Chief Minister Chandrababu Naidu announced that the CII Partnership Summit next year would be held at Visakhapatnam as well.
On 12 January 2016, Chandrababu Naidu urged investors to make Visakhapatnam their second home. He said everyone should have a home away from their homes in Visakhapatnam due to the city's peaceful nature and warmth of its residents. He said the State government is planning to hold meetings with trade unions, civil society groups, NGOs, agriculturists, farmers and other stakeholders to ensure fruits of development reach the poorer sections effectively.