CM Chandrababu Naidu met with the delegates of Asia Pulp

The Chief Minister met with Mr. Suresh Kilam, Executive Director of Marketing of Asia Pulp and Paper, one of the largest conglomerates in Indonesia spanning across Banking, Infrastructure, Agribusiness communications, Cooking oil, Palm oil, real estate and telecommunications.
The company presented their requirement of a single site of 2,500 acres, to set up a plant for manufacturing 3 to 5 million tons of paper. Dr. P. Krishnaiah, Executive Chairman of APIIC, suggested that they should look at available plots of land in Kakinada, Visakhapatnam, Krishnapatnam and Machilipatnam.
The Chief Minister enquired about import and export potential, discharge information and the plan of action. Mr. Kilam said that once land is confirmed, they will submit a feasibility report in 50 days, and will have a gestation period of 30 months.
The plant will require land in a coastal area, produce only packaging paper, and will have a daily import and export of materials weighing around 30,000 tons.
The meeting was facilitated by Andhra Pradesh Economic Development Board, and the Chief Minister assured him of all the support required.