Vishakhapatnam: In a move that will boost the Fintech environment in the state and Vizag in particular, the Andhra Pradesh government on Thursday signed MoUs with as many as 10 companies dealing with education, knowledge sharing, research and development of suitable manpower in the financial technology sector, on the inaugural day of the two-day Spring Conference 2017. 

Four more four companies are going to sign agreements on the second day of the event on Friday.

Special chief secretary and IT advisor to chief minister, JA Chowdary, inaugurated the event and MoU documents were exchanged by the officials with the company representatives in the evening, as chief minister N Chandrababu Naidu witnessed the entire proceedings through a video conference from Vijayawada.

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