The Emirates Group has inked a Memorandum of Understanding with the Andhra Pradesh Economic Development Board to create a framework for collaboration in numerous aviation areas to support the rise of Andhra Pradesh’s aviation sector.
The agreement paves the way for the sharing of industry expertise and the identification and investment opportunities that would allow for the development of the state’s aviation infrastructure.
“The Emirates Group is committed to future investment and expansion in support of India’s 2020 goal to be the world’s third largest aviation market,” said Sheikh Ahmed Bin Saeed Al Maktoum, Chairman and Chief Executive Emirates Airline & Group, after signing the deal.
Representing Andhra Pradesh was Krishna Kishore, CEO of Andhra Pradesh Economic Development Board (APEDB).
“We recognize that airlines have a major role to play as facilitators of economic and industrial growth, and strategic partnerships such as this are very important to achieve that. Through this agreement, Emirates and flydubai will work closely with APEDB to share expertise, discuss opportunities, enhance and support the growth of the aviation sector in Andhra Pradesh,” added the Emirates Chief Executive.
Kishore remarked that the government of Andhra Pradesh is confident that this partnership would bolster APEDB’s specific efforts to elevate the aviation industry in Andhra Pradesh.
“It will contribute positively to AP’s economic growth as well as help us build a stronger framework for industrial and infrastructural development. We are optimistic with the pivotal role played by the Emirates Group in achieving these goals and have no doubt that the partnership will reap mutual benefits,” Kishore remarked.