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Investment of more than ₹10,500 crore in Andhra Pradesh will pave way for its growth: PM Modi, in Visakhapatnam

Investment of more than ₹10,500 crore in Andhra Pradesh will pave way for its growth: PM Modi, in Visakhapatnam

The Hindu
Saturday, November 12, 2022 10:46:46 AM UTC

VISAKHAPATNAM

The investment of more than ₹10,500 crore in Andhra Pradesh by the Union government will pave way for its growth and also fulfil the aspirations of its people, said Prime Minister Narendra Modi, in Visakhapatnam on November 12.

He was addressing a public meeting at Andhra University Engineering College grounds after virtually laying the foundation for five infrastructure projects and dedicating two projects to the nation, all worth around ₹10,742 crore.

He said that the path to development taken by the Union government is multi-dimensional and it focusses on the needs of the common citizen and presents a roadmap for an advanced infrastructure.

He pointed out that the projects for which the foundation was laid, in Visakhapatnam, envisions such an inclusive growth and inclusive development for Andhra Pradesh.

“Supply chain and logistics, which are growth engines, depend on multi-modal logistics and the projects here are aimed towards that. We have focussed on every sector right from railway to road network and from ports to fishing,” he said.

Elaborating on the integrated view of development from the projects, the Prime Minister listed out the six-lane roads in the proposed Raipur-Visakhapatnam economic corridor project, a separate road for port connectivity, the beautification of Visakhapatnam railway station and the modernisation of the fishing harbour in Visakhapatnam.

“We are focussing on all sectors and not leaving anyone out of the development plan,” he said. Mr. Modi pointed out that PM Gati Shakti National Master Plan has not only accelerated the pace of infrastructure construction but has also reduced the cost of projects and in the end it will reduce the cost of basic facilities that reaches the people.

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