Andhra Pradesh government and Singapore Consortium have gone into a MOU for the improvement of 6.84 square km start-up zone in Amaravati capital city on Public Private Partnership (PPP) mode. Boss Minister Chandrababu Naidu and Singapore Commerce and Industries Minister, Eshwaran are available at the occasion.
They have likewise performed Bhoomi Puja for the development there and tended to a Public Meeting there. The start-up zone will be produced in three stages throughout the following 15 years. In the main stage 656 sections of land, second stage 514 sections of land and in the third stage 521 sections of land. The onus will be on the consortium to build up this region and bring organizations which will make employments. This MOU is required to get 1.15 Lakh Crore GSDP and make 2.5 Lakh Jobs. The legislature is relied upon to get 10000 Crore as different Taxes. This is said to be the first and vital stride for the improvement of Amaravati as World Class Capital.