Economic City project shelved

State had proposed to set up the project at Sultanpur village in Medak district in collaboration with government of Ras-Al- Khaimah

February 20, 2013 03:27 am | Updated 03:27 am IST - HYDERABAD:

The State government informed the Division Bench of A.P. High Court on Tuesday that the proposal for setting up of Economic City at Sultanpur village in Medak district in collaboration with the government of Ras-Al- Khaimah on 2000 acres, had been dropped.

The Bench comprising of Chief Justice P. C. Ghose and Justice Vilas Afzulpurkar directed the government to implement the decision and pass the final orders and place the final papers before the court within four weeks.

The Bench was hearing a writ petition filed by Captain L. Panduranga Reddy challenging the action of the respondent in resorting to giving away land to an unknown entity in a fraudulent way. When the case was taken on record by the High Court, the Bench had ordered Andhra Pradesh Industrial Infrastructure Corporation (APIIC) to maintain status quo in March, 2009. Since then, the project had been gathering dust. Subsequently, the court issued orders that the government could allot land to any other company.

The project was planned as an integrated financial hub with infrastructure facilities for financial services operations such as banking, insurance and asset management companies. An integrated health city was also proposed under the project with facilities for clinical and non-clinical services, hospitals and medical colleges, research services, drug delivery system, stem cell research and genetic research. The government had allegedly received a proposal from Ras-Al-Khaimah for the economic city to be set up on 2000 acres in Medak district. Now, the case was adjourned by four weeks to facilitate the government to pass final orders and submit the final report to the court.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.