Amaravati development: CM ropes in Sri Lanka
Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu had successfully roped in yet another country to partner with the development of the new capital, Amaravati. During his two-day visit to Sri Lanka, Chandrababu Naidu had convinced this Island nation to invest in Amaravati.
Sri Lanka, after responding positively to the Chief Minister’s request, had joined the big list of foreign nations that have already agreed to partner with the State government in building Amaravati. Singapore, China, Japan and the UK have already joined the AP Government in developing the State with focus on Amaravati.
While Singapore and Japan are busy preparing the master plan for the capital city, China and the UK have come forward to invest in the new capital. The UK had already signed an MoU with the AP Government to establish Indo-UK Institute of Health in Amaravati and had already secured 150 acres to establish a 1000-bed hospital with an initial investment of over Rs 1000 crores.
While Sri Lanka is yet to make its plans clear about in which sector that this nation would invest in Amaravati, the officials are confident of getting investments in tourism, housing and hospitality sectors, where the Island nation is strong. The AP Chief Minister had studied these three sectors in Sri Lanka and had extended invitation to the country to come forward with their plans for investment. He had also briefed them on the State government’s initiatives in Amaravati, particularly for foreign investors.