Amaravati’s Growth Accelerates with Rs 2,723 Crore Road Infrastructure Approval


Amaravati
Image credit : X (Twitter)

The Andhra Pradesh government cleared road infrastructure projects worth Rs 2,723 crores for building Amaravati, the proposed greenfield capital city for the state. This has been just another step taken in building a modern sustainable urban center with the heart for the economic and administrative affairs of the state at large. “This investment will be going into necessary roads within zones 7 and 10 of Amaravati,” said municipal minister P Narayana.

Road Infrastructure Hike in Amaravati

Sanctioned to spend Rs 2,723 crore for road construction is one big ticket investment in infrastructure in Amaravati. It would be developed as layout roads in zones 7 and 10 in the city, which are two most crucial areas in the master plan. It falls in the elaborate vision of the development plan of Amaravathi, for which it aims to have a world-class capital, catering to all the emerging demands of living and business spaces.

The roadworks, which will lay the foundation for transportation infrastructure in these zones, are vital for the overall development of the city. As the greenfield capital city progresses, these roads will serve as essential links for various sectors, including business, governance, and daily commute.

Ongoing Investments in Amaravati’s Development

At the last press conference, Minister P Narayana disclosed that so far, in meetings conducted under the banner of the Capital Region Development Authority, a total amount of Rs 47,288 crore has been approved. This includes phases of development, such as infrastructure and urban planning with all necessary services that would position Amaravati as one of the premier smart cities in India.

The government assures that the construction of Amaravati will be fully funded through strategic investments, and the selling of the pooled lands taken from the local farmers will finance it. This will ensure that the cost of the capital city does not fall on the people of Andhra Pradesh. Narayana assured that the loans that the city has taken will be repaid through these sales of land, which would provide sustainability to the project.

Amaravati to be developed, some works already approved

The ambitious schedule by the Andhra Pradesh government to get the remaining works of the city done envisages some elaborate plans of development, including approval for road infrastructure work. Approval for other infrastructure projects is also awaited in coming weeks.

Minister Narayana assured that further approvals would be granted soon, and the overall progress of the Amaravati project is on track. These continued investments and approvals will ensure that the greenfield city takes shape according to the state’s vision, providing long-term benefits to the people of Andhra Pradesh.

Economic and Social Impact of Amaravati’s Development

Amaravati development is not only a physical change but also an economic and social one. The government will attract investment, boost business activities, and create jobs through world-class infrastructure. It will house government offices, commercial hubs, educational institutions, and recreational spaces, all designed to improve the quality of life for its residents.

This will be part of the long-term plans since road infrastructure projects shall ensure that all sectors are well connected within the city, thus allowing easy access by businesses and residents alike.

Conclusion

The Andhra Pradesh government’s approval of Rs 2,723 crore of road infrastructure in Amaravati is a continued focus of that government on the development of greenfield capital. Over Rs 47,000 crore worth of approvals have already transformed the city into a capital of the modern age. The approach of the government ensures that the project would be viable on grounds of land sales, besides promising that the development would not strain the people of the state.

As Amaravati continues to grow, investments in roadway and other essential service infrastructure are going to be an essential part of developing sustainable and thriving urban centers to provide for the future.

Refer :

ET, Link to article

For more updates on the latest developments in the Urban Infrastructure sector, check out our article on Infrastructure Works in Amaravati: Rs 24,276 Crore for Key Projects Okayed


Leave a Comment