Andhra govt ends Amaravati project with Singapore consortium3Photo©

Andhra govt ends Amaravati project with Singapore consortium

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THE YSRCP government in Andhra Pradesh has scrapped the previous TDP government’s Start-up Area Development Project, covering an area of 6.84 sq km, in the state capital of Amaravati.

In January 2018, then Chief Minister N Chandrababu Naidu had awarded the development rights for the start-up area to a Singapore consortium and its Indian partners. Work was yet to begin on the project, to be developed in phases over 20 years.

A government order issued on Monday night said the agreement with the Singapore consortium to develop the greenfield start-up area had been terminated, and orders had been issued to the AP Capital Region Development Authority (CRDA) not to proceed with the project.