Andhra Pradesh government signed agreements for investments to the tune of a staggering Rs.1,00,000 crore on Thursday for different projects, including two oil refineries in the State.

These Memoranda of Understanding (MoUs) were signed in the presence of Chief Minister N. Kiran Kumar Reddy on the opening day of the two-day ‘CII Partnership Summit 2012' inaugurated by Union Minister for Commerce and Industry Anand Sharma at the Hyderabad International Convention Centre (HICC) here. Trade delegations from 43 countries are taking part in the summit where the State government will sign many more MoUs.