Daijiworld Media Network - Amaravati
Amaravati, Jan 10: Andhra Pradesh Chief Minister N Chandrababu Naidu announced on Friday that the development works for Amaravati, the state's capital, will resume with a substantial investment of Rs 50,000 cr.
At the inauguration of the NAREDCO Property Show in Guntur, Naidu revealed that a new 183 km ring road will be built around Amaravati, surpassing Hyderabad's Outer Ring Road in scale. "Once this project is completed, Guntur and Amaravati will merge into a unified urban zone," Naidu stated. He also emphasized that Amaravati would be developed as a self-sustaining city and a model for the country.3
The Chief Minister expressed his confidence that Amaravati would set a record in urban development, with similar growth planned for cities like Visakhapatnam, Guntur, Nellore, Kurnool, and Tirupati.
Naidu further assured support for the construction sector, aiming to bring back momentum to the industry. He promised to resolve any issues swiftly and stressed the importance of real estate in generating assets.
Highlighting the success of his government, Naidu noted that Andhra Pradesh had secured Rs 4 lac cr in investment commitments within just seven months, which would create four lakh jobs and contribute to the government's target of 20 lakh jobs over five years. He also referred to the Rs 2.08 lac cr worth of projects launched by Prime Minister Narendra Modi recently.
“'Build AP' is our slogan, and we are determined to revive the construction sector that was decimated during the previous government’s rule,” Naidu remarked. He criticized the previous YSRCP government for weakening the state's construction sector but assured that under his leadership, the state was on the path to recovery.
The Chief Minister emphasized that industry growth, profitability in agriculture, and tourism development are essential for boosting state revenue. He added that the real estate sector would also grow with a stronger economy, as over 40 lakh families rely on it.
Naidu also highlighted the TDP-led NDA government's initiative of free sand supply, giving the public the right to question the government if this promise is not fulfilled.