– Establishment of a Special Purpose Vehicle (SPV) to execute key projects such as a greenfield airport, sports city, smart industries, riverfront development, inner ring road, ropeway construction, NTR statue installation.
– Approval of the Gold Cluster at Atmakur-Mangalagiri (78 acres) under Land Pooling Scheme (LPS), expected to attract ₹5,000 crore investments and generate 20,000 jobs with a Gems and Jewelry park included.
– Allocation of ₹904 crore for critical infrastructure like drainage and drinking water supply across capital region villages.
– ₹411 crore for a Sewage Treatment Plant
– ₹376.6 crore for Water Distribution Center
The CRDA’s thorough developmental plans mark an enterprising attempt to position Amaravati as a global hub reflecting both cultural heritage and modern innovation. Initiatives such as integrating Kuchipudi-inspired designs demonstrate unique efforts in fostering regional identity while striving toward international architectural benchmarks. Investments in clusters like gold processing could significantly boost employment (forecasted at over 20K jobs), highlighting economic inclusivity alongside urban advancement.
However, maintaining economic viability amidst large-scale spending-₹1,691+ crore approved infrastructure costs-requires efficient implementation strategies without delays or resource misallocation. Obvious digital updates on progress may help ensure accountability among stakeholders.
With its strategic geographic positioning emphasized by Mr. Naidu during discussions at the CRDA meet-including access to resources through transformative urban planning-the long-term sustainability and success of Amaravati will likely serve as an important model for other Indian cities aiming at similarly bold modernization efforts.
Read more: The Hindu