The Andhra Pradesh Economic Development Board (APEDB) has been conceived to accelerate the inclusive economic growth of Andhra Pradesh. The board acts as a catalyst to facilitate economic growth, investment climate, reforms and competitiveness in Andhra Pradesh. Its functions include: strategic investment planning and promotion; nodal point of contact for investments; mobilization of resources required for supplementing public and private investment; facilitating inter-departmental coordination; economic and policy research.