Govt. enters into agreement with South Africa in education, medical tourism and investments

The State authorities has entered into an statement of collaboration with South Africa.

Cooperation betwixt the 2 sides spans antithetic fields, including education, aesculapian tourism and investments, with some sides agreeing to strengthening acquisition exchanges, promotion of aesculapian tourism and promoting investments for communal benefit.

Chief Minister A. Revanth Reddy, accompanied by Ministers D. Sridhar Babu and C. Damodar Raja Narsimha, participated successful a gathering with a precocious level delegation from South Africa led by Deputy President Paul Mashatile present connected Wednesday erstwhile the decisions were taken. The Chief Minister explained astir the State Capital’s robust acquisition and accomplishment grooming ecosystem which served arsenic backbone for creating a cognition hub and a premier hub for engineering endowment crossed IT, Pharma, Defence and Aerospace sectors. The metropolis was placed arsenic 1 of the starring planetary destinations for mounting up of Global Capability Centres (GCCs) of Fortune-500 companies.

At the aforesaid time, the satellite people aesculapian and healthcare facilities were attracting immense fig of radical from assorted countries, including from the Middle East, for availing cost-effective aesculapian treatment. The authorities was moving connected further strengthening Hyderabad’s presumption arsenic a planetary hub for skilled workforce and aesculapian tourism.

Mr. Revanth Reddy told the delegation astir the occurrence of Telangana Rising Global Summit 2025 which drew planetary dignitaries, diplomats and manufacture leaders, marking an unprecedented economical and developmental occurrence for the State. He invited the South African enactment to be this year’s Global Summit to beryllium held successful December to alteration opening of wider transformative opportunities for businesses and industries connected some sides.

Mr. Sridhar Babu invited apical South African industrialists to further research opportunities and prosecute successful dialog for communal cooperation. Mr. Damodar Raja Narsimha said Hyderabad was globally known for monolithic accumulation of bulk drugs and vaccines and the authorities was gathering mega hospitals to cater to the healthcare needs of the people.

Mr. Mashatile said South Africa and India shared a agelong past of experiences and taste ties. South Africa provided a level from which Indian companies could bask preferential marketplace entree into the remainder of Africa done the African Continental Free Trade Area.