AP govt sets its sights on setting up an international arbitration centre in Vizag
Visakhapatnam: In a major push to strengthen Andhra Pradesh’s industrial and legal ecosystem, the state government has set its sights on establishing a world-class international arbitration centre in Visakhapatnam. Minister for Micro, Small and Medium Enterprises Kondapalli Srinivas mentioned that Chief Minister N Chandrababu Naidu is committed to making this a reality and described it as a transformative step for the state’s economic and dispute resolution framework.
Addressing a gathering at the ‘MSME Conference 2026’ organised by the Asian Centre for International Arbitration and Mediation, the minister highlighted that the initiative builds upon earlier discussions held last September in collaboration with the National Law University. He lauded the Chief Minister’s resolve to make Andhra Pradesh a hub for international arbitration and mediation, which is expected to attract global investments and enhance ease of doing business. The government remains committed to strengthening the Alternative Dispute Resolution (ADR) mechanism across the state and will extend complete support to institutions like ACIAM. Emphasising on efficiency and transparency, the minister noted that delayed payment claims from MSMEs are now being processed through the ODR portal established by the Ministry of MSME, ensuring faster and more reliable resolutions. He further informed that the state currently operates one state-level and four regional MSME Facilitation Councils, which are actively resolving pending payment disputes.
With an aim to create widespread opportunities for economic growth and self-employment , the minister announced an ambitious plan to establish MSME parks in all 175 assembly constituencies across Andhra Pradesh.
Supreme Court Judge Justice N. Kotiswar Singh, MSME Ministry Director Ankita Pandey, Visakhapatnam North MLA P. Vishnukumar Raju, and Andhra Pradesh MSME Development Corporation CEO Surya Raju, along with entrepreneurs attended.
