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District Collector M. Abhishikth Kishore connected Tuesday said improvement projects worthy ₹5,000 crore would beryllium taken up successful the Visakhapatnam Economic Region implicit the adjacent 3 years.
Addressing the media astatine the Collectorate aft the ‘Matsyakarula Sevalo’ programme, the Collector said Visakhapatnam had been selected arsenic 1 of 4 cities successful the state nether the Centre’s City Economic Region initiative. He said the projects would beryllium implemented successful accordance with the recommendations of the NITI Aayog.
Mr. Kishore said 49 projects had already been identified for the portion and further projects suited to section requirements would besides beryllium taken up. He observed that the upcoming Bhogapuram International Airport was expected to accelerate improvement successful the Visakhapatnam region, peculiarly successful areas specified arsenic Rushikonda and Endada. The projected investments, helium said, would lend to the city’s integrated improvement successful tune with nationalist aspirations.
The Collector further stated that projects worthy ₹200 crore for the Greater Visakhapatnam Municipal Corporation(GVMC) and ₹100 crore for the Visakhapatnam Metropolitan Region Development Authority(VMRDA) had been projected nether catastrophe absorption initiatives. Detailed Project Reports (DPRs) had already been forwarded to the Centre done the State government, helium added.
Mr. Kishore said respective retaining walls on the coastline had been damaged and reconstruction works, on with further protective structures up to Rushikonda, would beryllium taken up wherever necessary. He besides said ₹1,500 crore had been sanctioned to the GVMC nether the Urban Challenge Fund for 3 projects.
