6 months ago
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Chief Minister N. Chandrababu Naidu has directed officials to hole a broad enactment program for the improvement of the Visakha Economic Region, covering areas from Srikakulam to Konaseema. He underscored the request for well-crafted strategies to pull large-scale investments to the region.
At a reappraisal gathering connected Monday, Mr. Naidu said the authorities envisions the Visakha Economic Region arsenic a large maturation hub for Andhra Pradesh. He instructed officials to prioritise the strengthening of cargo-handling infrastructure from Mulapet Port successful Srikakulam to Kakinada Port, noting that these ports service arsenic captious gateways for cargo question from Odisha, Chhattisgarh, Madhya Pradesh, and Maharashtra. Developing the full coastline into an East–West Coastal Economic Corridor to boost commercialized and logistics was essential, helium added.
Emphasising the imaginable of greenish vigor projects, Mr. Naidu said Visakhapatnam is poised to go a planetary IT hub with the constitution of Google’s Next Gen AI Data Centre. The metropolis should besides beryllium developed arsenic a healthcare hub to beforehand aesculapian tourism, portion gathering the rising request for lodging projects, helium said.
The Visakha Economic Region is projected to pull investments worthy $100–115 cardinal — including $15 cardinal from Central Government sectors and $85 cardinal from backstage investors, helium said.
During the meeting, officials projected the instauration of the Visakha Economic Region Development Authority (VERDA) to oversee and coordinate maturation initiatives successful the region.
