Prepare action plan to develop Viskha Economic Region: CM Naidu focus on cargo handling projects and promotion of medical tourism

Andhra Pradesh Chief Minister N. Chandrababu Naidu on Monday directed the officials to prepare an action plan for development of Visakha economic region covering from Srikakulam to Konaseema.

He said necessary policies should be formulated to attract investments in the Visakha economic region.

The Chief Minister conducted a review meeting at Secretariat here on Visakha economic region to make it a growth hub for the state.

He said priority should be given to improve cargo handling right from Mulapet port in Srikakulam to Kakinada port as the ports serve as cargo handling centres for Odissa, Chattisgarh, Madhya Pradesh and Maharashtra. He said the coastline should be developed as East West coastal corridor.

More focus should be made on developing green energy projects in the economic region as Visakhapatnam is going to emerge as global IT hub with setting up of Next Gen AI data centre by Google. He said Visakhapatnam should be developed as health care hub and medical tourism should be promoted. At the same time to meet the growing demand housing projects should be taken up.

Visakha economic region is likely to attract investments to a tune of 100 to 115 billion dollars including 15 billion dollars from central government sectors and 85 billion dollars from private sector. The officials appealed to Chief Minister to set up Visakha Economic region authority.