Andhra Pradesh signs MoU with Parley for the Oceans; will attract ₹16,000 crore investments in next six years

About 20,000 employment will be generated for the locals with a minimum of at least ₹16,000 salary per month.

The State government entered into a Memorandum of Understanding (MoU) with the U.S.-based “Parley for the Oceans” on plastic-waste management in Andhra Pradesh.

The MoU was signed by Minister for Municipal Administration & Urban Development (MA&UD), Audimulapu Suresh, MAUD Principal Secretary, Y. Sri Lakshmi and Founder of “Parley for the Oceans” Cyrill Gutsch. It was exchanged in the presence of Chief Minister Y. S. Jagan Mohan Reddy, during a programme held at AU Convention Centre, in Visakhapatnam, on August 26. Global Alliance for a Sustainable Planet (GASP) will be partnering the project.

Speaking during the programme, CM Reddy said that as part of the MoU, around ₹16,000 crore investment is expected for Andhra Pradesh in the next six years. This apart, about 20,000 employment will be generated for the locals with a minimum of at least ₹16,000 salary per month.

Parley for the Oceans will be setting up “Parley Super Hub”, preferably in Visakhapatnam, where recycling and upcycling of plastic wastes will be done. Apart from it, a “Parley Future Institute”, a cutting edge research centre for future new materials, will be also set up. This is going to be a landmark move for Andhra Pradesh and it will change the landscape of the State in many ways, CM Reddy said.

Mr. Reddy said the State government has tied up with Parley with an aim to develop and implement improved sanitation and waste-management system; deploy AIR (Avoid Intercept & Redesign) plastic stations in approximately 500 places; create 10 eco-innovation hubs; intercept plastic wastes along the coastline, drains, irrigation channels and rivers.

The Chief Minister also said that this is a very ambitious project and never attempted before in Andhra Pradesh. Such steps may make A.P. plastic free by the year 2027.

CM Reddy also spoke about the increasing plastic pollution and also stressed on the responsibility to protect marine life. “The State government has embarked on a journey of holistic and sustainable development,” he said.