Functions of the Economic Development Board
Strategic investment planning
and promotion
Nodal point of contact
for investments
Economic and policy research
Facilitating inter-departmental
coordination
Mobilisation of resources required
for supplementing public and
private investment
5 divisions of EDB which helps it to effectively discharge its Duties
IPPD Promotes Andhra Pradesh as the ideal investment destination to investors in India and abroad. It is a single point of contact for all investors seeking opportunities in Andhra Pradesh and acts as an interface between investors and the government.
IPPD is also responsible for smoothly implementing memorandum of understanding, agreements, etc., on behalf of the Government for promoting investments into the state.
RMD is responsible for both strategic as well operational dynamics related to increasing internal resources (tax and non-tax reform, user charges, etc.), mobilizing central government resources, mobilizing grants and loans financing multilateral and bilateral international development agencies, and leveraging resources through securitization, guarantees, mutual funds, bonds, etc.
RMD has been mandated to administer the Investment Facilitation Fund, the Innovation Fund, the Viability Gap Fund, the Project Development Fund, the Capacity Development Fund etc.
EED promotes Andhra Pradesh as an investment destination to the global community in international forums. It is responsible for engaging with Governments, Multilateral and Bilateral agencies, Development Banks, Trade Associations etc.
EED acts as a one-stop interface for all engagements with foreign governments as well as handles the investment related issues with the Government of India.
SPPD is a think-tank for creating a knowledge bank needed for strategic planning, policy analysis, data analytics, and research, which are essential for sustaining a double-digit growth within the committed timelines.
In addition to implementing strategies for the state, SPPD conducts analysis of national and global development trends that would facilitate creation and management of an ecosystem for sustaining a high growth trajectory.
PPPD is responsible for creating an ecosystem to promote public private partnership in the state. It appraises techno-economic feasibility and viability of public-private partnership projects. It also assesses PPP structuring and the funding provisions, and provides its recommendations to the State Government, which includes the viability gap funding (VGF).