APIIC takes back 3,500 acres from 75 applicants

July 25, 2013 02:55 am | Updated June 13, 2016 08:38 am IST - HYDERABAD

Chief Minister N. Kiran Kumar Reddy has instructed Andhra Pradesh Industrial Infrastructure Corporation (APIIC) to resume the lands allotted to industrialists/developers if they are found unused for the stated purpose so far.

At the same time, he asked the officials to create congenial and investor-friendly atmosphere in the State to keep it as the top investment destination.

Reviewing the various projects taken up by APIIC here on Wednesday along with Major Industries Minister J. Geetha Reddy, Chief Secretary P.K. Mohanty, APIIC MD Jayesh Ranjan and senior officials of the APIIC and Industries Department, he noted that the APIIC had so far taken back an extent of 3,500 acres from 75 applicants to whom the land was allotted, after finding that the land was kept unused. The APIIC had launched a special drive to cancel all land allotments if the developer failed to set up the promised project.

He appreciated APIIC for maintaining transparency in allotment of lands to various entrepreneurs/companies, by displaying the details on the website and for implementing a Citizens’ Charter and online grievance redress system, Prishkaram.

The officials told him that APIIC, at present, was developing 27 new industrial parks in the State as also three other parks exclusively for women entrepreneurs at Jadcherla (Mahabubnagar district), Kopparthy (Kadapa) and Sabbavaram (Visakhapatnam).

When the Chief Minister reviewed the progress of the projects covered by the MoUs signed at the Partnership Summit, they said 80 per cent of the projects proposed under these MoUs were in various stages of implementation. AP ranked second for three consecutive years in implementing the MoU-linked projects while Karnataka and Tamil Nadu did not figure even among the top 10.

The ranks held by Gujarat and Maharashtra, in contrast, fluctuated from one to three.

Mr. Reddy reviewed the progress of the projects based on 18 new investments received since June last, including that of Isuzu Motors, West Pharmaceutical Packaging, US Gypsum and Itochu Group.

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