Bids will be called for developing SEZs
Drinking water distribution project approved
VIJAYAWADA: The Vijayawada Guntur Tenali Mangalagiri – Urban Development Authority (VGTM-UDA) on Friday sanctioned Rs. 56 crores for development of important link roads in its area of operations.
Briefing reporters after presiding over a meeting of the board of directors, VGTM-UDA chairman Malladi Vishnu said Rs. 11 crores had been earmarked for the development of a road to connect NH-9 and NH-5, for which foundation stone was laid recently by Minister for Revenue Dharmana Prasada Rao. The board had also earmarked Rs. 20 crores for a bypass to Guntur and Rs. 25 crores as its contribution to the Rs. 80-crore inner ring road to be taken up under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) as announced by Union Urban Development Minister S. Jaipal Reddy.
Mr. Vishnu said the board had decided to call for bids from Information Technology (IT) companies for the development of a special economic zone for IT and IT-enabled services at Mangalagiri. The UDA was authorised by the Central Government to develop the SEZ, and it, in turn, was calling for bids from companies to be its ‘co-developer’.
The UDA had earmarked 40 acres for the SEZ and it was expecting to get Rs. 30 crores to Rs. 40 crores from the co-developer. The land would be given on lease to the co-developer for 99 years with a condition that an SEZ with the employment potential of 10,000 should be ready in not more than three years. The development of the SEZ would also have an impact on the success of the Singapore Class Township at Mangalagiri. The co-developer would be required to invest another Rs. 25 crores to Rs. 30 crores for infrastructure development, Mr. Vishnu explained.
The board had also formally approved the development of a township in nearly 300 acres at Ambapuram. The local farmers had agreed to handover 200 acres to the UDA for development of the township on a 60:40 (farmers : UDA) basis. The UDA would be acquiring another 77 acres from farmers who were not interested in joining the profit sharing arrangement, he said.
A comprehensive drinking water distribution project for Yenamalakuduru and surrounding villages was also approved at the meeting. The UDA would develop the infrastructure needed for pumping water from the Krishna to Yenamalakuduru village and also develop the network of pipelines and reservoirs
The board had sanctioned amounts for central lighting and high-mast lighting at different road junctions along NH-5.