₹5,000-cr. projects lined up for Visakhapatnam Economic Region in 3 years
The Visakhapatnam Economic Region is set to undergo development projects worth ₹5,000 crore over the next three years. District Collector M. Abhishikth Kishore announced that 49 projects have already been identified, with more to be added based on local needs. The upcoming Bhogapuram International Airport is expected to further enhance development in the region.
- ▪Development projects worth ₹5,000 crore will be initiated in the Visakhapatnam Economic Region over the next three years.
- ▪49 projects have already been identified, with additional projects planned based on local requirements.
- ▪The Bhogapuram International Airport is anticipated to boost development in areas like Rushikonda and Endada.
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District Collector M. Abhishikth Kishore on Tuesday said development projects worth ₹5,000 crore would be taken up in the Visakhapatnam Economic Region over the next three years.Addressing the media at the Collectorate after the ‘Matsyakarula Sevalo’ programme, the Collector said Visakhapatnam had been selected as one of four cities in the country under the Centre’s City Economic Region initiative. He said the projects would be implemented in accordance with the recommendations of the NITI Aayog.Mr. Kishore said 49 projects had already been identified for the region and additional projects suited to local requirements would also be taken up.
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