States » SouthPosted at: Jan 21 2026 5:11PM


AP reviews progress of USD12 billion MoU with Brookfield Asset Management in Davos

Davos, Jan 21 (UNI) The Government of Andhra Pradesh reaffirmed its strong and fast-moving strategic partnership with Brookfield Asset Management, following a high-level meeting between Minister for IT and Electronics Nara Lokesh and Connor Teskey, President, Brookfield Asset Management, on the sidelines of the World Economic Forum Annual Meeting 2026 in Davos.
The interaction on Wednesday reviewed progress since the leaders’ previous meeting in London and focused on accelerating next steps under the landmark USD12 billion Memorandum of Understanding signed at the CII Partnership Summit held in Visakhapatnam.
The MoU represents one of the largest clean-infrastructure commitments announced at the Summit and underscores Andhra Pradesh’s emergence as a preferred destination for large-scale, sustainable investments.
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