A.P. CM tells officials to draw micro-level development plans for Visakhapatnam Economic Region

Andhra Pradesh Chief Minister N. Chandrababu Naidu directed officials to create micro-level development plans for the Visakhapatnam Economic Region, focusing on balanced growth, infrastructure development, industrial expansion, tourism, and employment generation. During a review at the Secretariat in Amaravati, Naidu emphasized that plans should cover all sectors within the region and align with local aspirations.

Officials informed the Chief Minister that the region could attract investments of ₹9.5 lakh crore, with the private sector contributing around ₹5.3 lakh crore and government projects needing investments of ₹3.5 lakh crore to ₹4 lakh crore. Major projects like Google's AI data center and the ArcelorMittal Nippon Steel plant were highlighted as boosters for the region's industrial ecosystem.

The Bay City Project was identified as the anchor for the region, complementing existing infrastructure. Naidu stressed the importance of adhering to Coastal Regulation Zone regulations and integrating tourism, industrial hubs, townships, and experience zones. He directed officials to utilize funds from various schemes, attract additional support from the Union government, and ensure the integrated development of six urban development authorities within the VER.

The Chief Minister also emphasized the need for public-private partnerships and the implementation of the Viability Gap Funding scheme. He urged the use of Andhra University's expertise in the planning process and the formation of a dedicated executive committee for the Bay City project. Naidu stressed the strategic importance of east-west connectivity, suggesting that enhanced integration of transportation networks would significantly strengthen the area's economic potential.