Amaravathi Is Going To Be The "talk Of The World"

April 1, 2015

The state is awaiting funds to the tune of R30,000 crore from the central government as per the AP Reorganisation Act. “The Centre has a lot of responsibility for the construction of the core capital and is awaiting the detailed project report (DPR) from the state. Following the review of DPR, we hope to get the required money in 2015-16,” he says.

The state is poised to attract $20,000-30,000 million investment in the next decade and has a massive potential for PPP investments. “We have plans to develop the world’s largest ring road—180-km-long—for $5,000 million,” Naidu says. Andhra Pradesh offers a large bouquet of opportunities for investments in the infrastructure sector with a single desk system for industries.

“By 2022, our aim is to make Andhra Pradesh one of the top three performing states in India” he adds. The state will use seven missions, five grids and five campaigns to achieve this goal. “We have a land bank of 4 lakh hectares, are building a world-class capital city where Singapore and Japan are working with us, and are planning to give 20 MBPS to all the households,” Naidu says. “By making 24×7 power available, we will build the best ports, airports and cities,” he adds. The city should become the “talk of the world” and also emerge as a tourist destination, Naidu adds.

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